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Half-term consolidated accounts as of january 31, 2012


Over the first half of the 2011/2012 financial period, consolidated turnover for the IGE+XAO Group is up 3.8%, amounting to 11,264,268 euros compared to 10,853,145 euros one year earlier. This growth is in line with the favourable trend that was observed over the 2010/2011 financial period and confirms the renewed dynamism in the SME-SMI market, in France in particular.

 


Over this period, commercial activity moreover benefitted from the positive impacts of the launching, at the end of 2011, of new versions of the Group's flagship products, including substantial innovations pertaining to "collaborative engineering" as well as new user interfaces combining user-friendliness and performance.

 


From a profitability standpoint, the Group's operating income amounted to 2,808,288 euros, up 10.1% compared to the first half of 2010/2011, which is an operating margin* of 24.9%. This growth can be explained by the level of activity as well as by the quality of the IGE+XAO's economic model. Finally, net income stands at 2,259,774 euros (+17.5%), which is a net margin** of 20.1%.

 


From a financial standpoint, IGE+XAO is solidly structured with, at 31 January 2012, equity of 21 million euros, almost no bank debt and a cash flow of nearly 20 million euros.

 


Backed with its results and its solid fundamentals, the Group is pursuing its development internationally with the opening of sites in new countries (Turkey in the 3rd quarter) as well as reinforcing its presence in the countries where it already has locations (USA, China). In parallel, IGE+XAO has decided to accelerate the development of its Electrical PLM (Product Lifecycle Management) offerings for the aeronautics, space and transport markets. Finally, in accordance with the Group's "Business Plan", these operations will be accompanied by a high level of profitability.

 


* operating income in terms of turnover.

** net income in terms of turnover.

Note: The half-year financial statements closed out at 31 January 2012 underwent a limited review by the auditors of IGE+XAO and were approved by the Board of Directors on 27 March 2012.

 


 







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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