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Consolidated accounts for 2015/2016 : Dynamism and profitability - Operating margin: 26.1%

 Toulouse,  the IGE+XAO Group announces:
Consolidated accounts for 2015/2016 (in IFRS norms)*


Dynamism and profitability
Operating margin: 26.1%

 

Tableau Y 2015 2016 ANG 

 

Over the 2015/2016 financial period, consolidated turnover for the Group amounted to €28,117,957 compared to €27,337,110 one year earlier. Commercial activity in particular benefited from the strong momentum, both nationally and internationally, in the sale and rental activities of licences for SME/SMI and major accounts. Operating income, up 7.6%, amounts to €7,349,242 inducing 26.1% for operational profitability**. Along the same lines, net income amounted to €5,489,257, up 3.8%, as such bringing net profitability*** to 19.5%.

 

In parallel, IGE+XAO continued its expansion abroad, with in particular, the creation of a commercial office in Moscow and the operational launchings of Brazilian and Belgian commercial subsidiaries. From a technical standpoint, the period was also very active with a lot of work done on the interoperability between the "SEE Electrical Expert" product and the PROSYST ("ODIL and SIMAC") offering, the distribution of the new "3D Panel" software (design and manufacture of electrical cabinets in 3D) and the integration of the Group's products with PLM "Product Lifecycle Management" leading software in the international market.

 

Backed with these results and its solid fundamentals, the IGE+XAO Group intends to continue its action plan focusing on accelerating international development and maintaining strong investment in R&D, while still preserving a high level of profitability.

 

*     The consolidated financial statements were approved by the Board of Directors on 26 October 2016 and will be submitted for approval to the Annual Shareholders' Meeting.
**    Operational profitability: operating income / turnover
***   Net profitability: net income / turnover

 

 

 

 

 

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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

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