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Consolidated turnover for 1st quarter of 2013/2014 (in IFRS norms)

Toulouse, 12 December 2013, the IGE+XAO Group announces:

Turnover up 6.1%

 Over the first quarter 2013/2014, IGE+XAO has consolidated turnover of 5,680,147 euros compared to 5,356,297 euros in 2012/2013, which is an increase of 6,1%. Activity benefited from good momentum in the Major Accounts activity, in France as well as abroad.

Over the period the R&D and "corporate" activities were particularly dense with in particular the acquisition of 51% of the share capital of the software distribution company IGE+XAO Danmark A/S formerly CADdy Danmark A/S, of which the Group held 49%. IGE+XAO Danmark A/S represents 5,000 installed licences, annual turnover of 1.2 million euros, net cash flow of 1.4 million euros and operational profitability of more than 25%.

Over the previous period and despite a difficult economic climate worldwide, IGE+XAO is planning to launch new versions of its flagship software as well as pursuing its proactive policy of expansion internationally. Loyal to its principles, the Group will conduct these operations while 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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