The cart is
empty
livemarks Facebook Twitter Youtube Linkedin

Consolidated turnover for 2015/2016 first quarter : Strong momentum

 

Toulouse, the IGE+XAO Group announces:

Consolidated turnover for 1st quarter 2015/2016 (in IFRS norms)

(Period from 1st August 2015 to 31 October 2015).

                          

 

Strong momentum

 

 

Over the first quarter 2015/2016, IGE+XAO has consolidated turnover of 6,203,669 euros compared to 5,996,736 euros in 2014/2015, which is an increase of 3.5%. Commercial activity benefited from strong momentum internationally and good resistance of the market in France.  

 

In parallel, the beginning of this financial period was marked by the creation of a commercial office in Moscow and by the operational launchings of Brazilian and Belgian commercial subsidiaries, both created at the end of the previous financial period. 

 

From a financial standpoint, the 2014/2015 financial statements, published in October, confirm the quality of the IGE+XAO's economic model with in particular operational profitability and net profitability at 25% and 19%, respectively.

 

In this context, and while still retaining its high level of profitability, the Group is planning to continue its proactive strategy revolving around two main pillars: innovation with an amount for R&D representing 26% of turnover and expansion abroad, with already 32 locations in 21 countries.

 

 

pdf

 

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

 By using this website, you consent to our use of cookies in order to make statistics.