The cart is
empty
livemarks Facebook Twitter Youtube Linkedin

2006/2007 half-year consolidated accounts

For the first half 2006/2007, IGE+XAO recorded a net profit of €1,063,178 compared to €885,168 the previous fiscal year (+20.1%), and a net margin of 10.8%*. The current operating income reached 16.0% on the 31st January 2007 compared to 13.6% in 2005/2006, i.e. an increase of 16.0%. In terms of turnover, the first and second quarters showed growth rates of 2.6% and 5.0% respectively. Growth during the 2nd quarter was even more significant compared to the same period the previous year, with the Group recording the highest growth rate of the year (+9.6%).

Similarly, the Group strengthened its financial position with increased shareholder's equities of 12.3 million euros (+13.7%), the near absence of financial debt and cash-at-bank of 9.7 million euros. This financial performance is even more remarkable because it comes during an important investment situation.
Thus, during the first half year 2006/2007 IGE+XAO launched two joint ventures, EHMS SAS and S2E CONSULTING SAS, created with respectively the groups Labinal and Sogéclair, and took control of the company Compodata SA, a software publisher specialising in the creation and implementation of "electronic catalogues" as well as the configuration of complex systems.

Finally, for the fiscal year 2006/2007, the IGE+XAO Group confirmed its market strategy of aiming for growth both in terms of turnover and profit. This plan will be accompanied by the creation of jobs both in France and abroad in order to meet market demands.






About IGE+XAO:

For over 30 years, the IGE+XAO Group has been a software publisher designing, producing, selling and supporting a range of Computer Aided Design (CAD), Product Lifecycle Management (PLM) and Simulation software dedicated to Electrical Engineering. These software products have been designed to help manufacturers in the design and maintenance of the electrical part of any type of installation. This type of CAD/PLM/Simulation is called "Electrical CAD/PLM/Simulation". Since mid 2014 with Prosyst take over, IGE+XAO also offers a complete software range for electrical installation functional simulation. IGE+XAO employs 390 people around the world on 32 sites and in 21 countries, and has more than 86,000 licences distributed around the world. IGE+XAO is a reference in its field. For more information: http://www.ige-xao.com

IGE+XAO Contacts:
Analysts/ Investors: Alain Di Crescenzo (Chairman of the Group): +33 (0)5 62 74 36 36
IGE+XAO Group, 16 boulevard Deodat de Severac - CS 90 312 - 31 773 COLOMIERS CEDEX
Phone: +33 (0)5 62 74 36 36 - Fax : +33 (0)5 62 74 36 37
Site Web: www.ige-xao.com
Listed on Euronext Paris- NYSE Euronext - Indice CAC Mid & Small® - ISIN FR 0000030827

Press Contact:
Christian Colin : +33 (0) 5 62 74 36 36

 By using this website, you consent to our use of cookies in order to make statistics.