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Consolidated turnover for 2015/2016 third quarter : Turnover for the 3rd quarter up 3.1%

 

Toulouse, on 14 June 2016, the IGE+XAO Group announces:

Consolidated turnover for 3rd quarter 2015/2016 (in IFRS norms)

(Period from 1st August 2015 to 30 April 2016).

                          

 

 

Turnover for the 3rd quarter up 3.1%

 

 

 Tableau chiffres Q3 2015 2016 ANG

 

Over the 3rd quarter of 2015/2016, consolidated turnover for the IGE+XAO Group is 7,175,208 euros, up 3.1% compared to the previous financial period. This increase in activity, solely organic, was particularly substantial internationally.

Over the first 9 months of the financial period, the Group as such had growth of 2.4% compared to the previous year.

 

From a commercial standpoint, the period was dense with in particular strong momentum internationally in licence sales which is reflected in double-digit growth in many countries. In addition, the Group has launched several actions ailed at reinforcing its presence in Asia.

 

From a technical standpoint, IGE+XAO and Prosyst have finalised the integration of their flagship software products, respectively SEE Electrical Expert and ODIL (automated system design software workshop) and SIMAC (operative part simulator).

 

Finally, IGE+XAO continued to improve its financial performance. At 31 January 2016, the Group's equity reached 34 million euros, there was practically no bank debt and cash flow was over 31 million euros.

 

 

 

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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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