Consolidated turnover for 3rd quarter 2016/2017 : A dynamic 3rd quarter: activity up 4.7%

 Toulouse,  the IGE+XAO Group announces:

 Consolidated turnover for 3rd quarter 2016/2017 (in IFRS norms)

 (Period from 1st August 2016 to 30 April 2017).

                          

 

 

 

A dynamic 3rd quarter: activity up 4.7%

 

 

 170430 Conso Euro Comp Site 170614 def Tableau ANG

 

Over the 3rd quarter of 2016/2017, consolidated turnover for the IGE+XAO Group is 7,512,051 euros, up 4.7% compared to the previous financial period. Over the first 9 months, the Group had growth of 3.6% and reached 21,359,058 euros.

 

 

Commercial activity was dynamic over the period with good achievements in France as well as abroad, in particular in Northern Europe and in Asia. In parallel, IGE+XAO launched a major version of its SEE Calculation software including, among other things, an adaptation to the latest standard NFC 15-500.

 

 

From a Research and Development standpoint, the Group intensified its efforts on its most widely distributed software, SEE Electrical Expert and SEE Electrical, for which the new versions will reach the market before the end of the year.

 

 

Finally, backed with the good resistance of activity and the quality of its half-year results, IGE+XAO intends to continue its action plan, focusing on accelerating international development and maintaining strong investment in R&D and a high level of profitability.

 

 

 

 

 

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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 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 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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