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Consolidated turnover for 2010/2011(in IFRS norms)



Toulouse, 15th September 2011, the IGE+XAO Group announces:
Commendable growth
IGE+XAO experienced an acceleration in its activities over the 4th quarter 2010/2011, with turnover standing at 5,722,431 euros compared to 5,411,076 euros one year ago, which is an increase of 5.8%. Over the financial period, the Group had growth in turnover of 4.8% and reached 22,323,969 euros.

IGE+XAO has benefited from the good resistance of the activity and from profitability up sharply for the half-year to accelerate its operating plan in France as well as abroad.
As such, from a product standpoint, special attention has been devoted to the commercial launching of the new versions of the SEE Electrical V6 and SEE Electrical Expert V4 software.
In parallel, IGE+XAO decided to reinforce its positioning internationally by creating three new locations abroad. As such, the creation of a subsidiary in Turkey is currently under way and the opening of two sites is scheduled respectively in Russia and in South America in 2012.

Finally, the Group has a solid financial position. Indeed, at 31 January 2011, IGE+XAO had operating profitability of more than 20% and a flow of available cash of 18.8 million euros, allowing it to correctly pursue its objectives aiming for growth in the activity while still maintaining a high level of profitability.






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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