Turnover for fiscal year 2006/2007

Turnover has passed the 20 Million € mark.Toulouse, September 14th 2007 – The IGE+XAO Group announces that:
During the 2006/2007 financial year, the IGE+XAO Group's consolidated turnover passed the 20 million Euro mark, reaching 20,517,722 Euros, which is an increase of 4.2% compared with 2005/2006. The consolidated turnover increased 3% during the fourth quarter of 2006/2007 (5,532,328 euros). However this increase should be evaluated in light of the performance posted during same period a year ago, where in the fourth quarter of 2005/2006 turnover increased 9,2% compared to the previous year.

2006/2007 was particularly rich in transactions. At the start of the financial year, two joint-ventures - EHMS (development and marketing of a software suite for the production of electrical harnesses) and S2E Consulting (advice and assistance in engineering electrical design systems and processes) – were created with the Labinal and Sogéclair groups respectively. Then, at the beginning of 2007, the Group bought Compodata (publisher of complex system configurator software). Finally, in August 2007 IGE+XAO obtained its Chinese « business licence », an essential procedure for registering a company in China.
In terms of turnover, the contribution of these transactions over the 2006/2007 period has remained limited. On the other hand, with effect from 2007/2008, the companies S2E Consulting and in particular Compodata (a contribution of less than 280 thousand € to the 2006/2007 turnover) will start trading fully.

In accordance with the Group's forecasts this good business development will be combined with an increased profit level.

Download PDF Electrical CAD
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 companies 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 385 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

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