IGE+XAO : Consolidated turnover for 2009/2010 (in IFRS norms)

Consolidated turnover for 2009/2010 (in IFRS norms)

Toulouse, 15th September 2010. The IGE+XAO Group announces:
Consolidated turnover for 2009/2010 (in IFRS norms)
4th quarter growth

Despite a difficult economic situation in 2009/2010, marked by significant slowdowns in the electrical equipment and Computer Aided Design (CAD) software markets, the turnover of IGE+XAO was back on the rise in the second half of 2009/2010. Thus, in the 3rd and 4th quarters, growth of 0.8% and 1.3% was respectively achieved. At the same time, the consolidated annual turnover amounted to €21,306,152. The business recovery in the second half of the year was attributable to the Group's customer diversification strategy and good international dynamics.
Throughout the financial year, IGE+XAO kept to its road map aimed at optimizing its economic model while maintaining its capacity in terms of innovation and market conquest. At the beginning of 2011, IGE+XAO will launch major new versions of its spearhead electrical CAD software (Computer-Aided Design). These will supplement the SaaS (Software as a Service) and Construction offers as well as the Electrical PLM (product life-cycle management) range aimed at the aeronautic and automotive markets.
In this context and on the strength of its solid fundamentals, the Group carries on its action plan targeting innovation and the opening of new markets while keeping a high profitability level.


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About IGE+XAO:

For over 31 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 companies 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 385 people around the world on 33 sites and in 22 countries, and has more than 88,600 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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