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Consolidated turnover 2013/2014 - Turnover up 6.9% (in IFRS norms)

 

Toulouse, the IGE+XAO Group announces:

Consolidated turnover for 2013/2014 (in IFRS norms).

(Period from 1 August 2013 to 31 July 2014).

                          

Turnover up 6.9%

 

En euros

2013/2014

2012/2013

Evolution

Turnover for 1st quarter

(from 1 August to 31 October)

5,680,147

5,356,297

6.4%

Turnover for 2nd quarter

(from 1 November to 31 January

6,890,318

6,455,967

6.7%

Turnover for 3rd quarter

(from 1 February to 30 April)

         6,786,999

6,305,127

7.6%

Turnover for 4th quarter

(from 1 May to 31 July)

6,902,954

6,450,769

7.0%

Turnover 2013/2014

(from 1 August to 31 July)

26,260,418

24,568,160

6.9%

 

Over the 2013/2014 financial period, consolidated turnover for the IGE+XAO Group amounted to 26,260,418 euros compared to 24,568,160 euros, up 6.9% compared to the previous year. The period was particularly dense with the carrying out of two external growth operations that contributed to the activity's dynamism. IGE+XAO bought 51% of the shares of software distribution company IGE+XAO Nordic A/S and 80% of Prosyst SAS, specialised in developing software packages and services for designing, simulating, diagnostics and performance of industrial processes, complementary to those offered by IGE+XAO.

From a technical and product standpoint, the 2013/2014 financial year was also very dynamic with the launching of new versions of the Group's flagship software and new products such as SEE Web Catalogue, that allows electrical equipment catalogues to be downloaded and used directly in IGE+XAO software, and SEE Project Manager LT, electrical data management software for VSEs and SMEs. In parallel, the preliminary integration work between the IGE+XAO and Prosyst offerings was launched.

Backed with solid fundamentals, the Group intends to continue its development over the next few months with the opening of new locations abroad, especially in Eastern Europe and South America and the launching of new software versions that in particular integrate the Prosyst offering. This proactive action plan will be carried out while preserving a high level of profitability.


 

 

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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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