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2008/2009 Annual financial report

 

Despite the severe global economic downturn, IGE+XAO will posts a turnover of €21,788,488, increasing by 1% in comparison with last year. Steady business performance in the first half of the year alleviated the effects of the software market slowdown in the 4th quarter, when the turnover receded by 6% (5% at the same exchange rates).

During the fiscal year, the IGE+XAO Group improves its operating margin with a current operating income and an operating income up to 1% and 21% respectively. This favourable trend is attributable to the Group’s efficient business model as well as its ability to control costs. Financial income amounts to €400,583 in comparison with €1,134,693 a year earlier due to the exceptional capital gain on the sale of the Group’s 11% stake in Anyware Technologies. The net income which neither includes the capital gain in comparison with last year amounts to €2,740,330 corresponding to a net margin rate of 12.6%.

Moreover, the solid fundamentals of IGE+XAO – a diversified customer portfolio, high profitability and net cash of €14 M – will enable the Group to continue its development on its new markets, despite the crisis.

In keeping with the policy set forth by the IGE+XAO Group, at the Annual General Meeting the Board of Directors will propose the distribution of a gross dividend of €0.43 per share.

**   Net margin: net result/turnover

 

 

 

 

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El GRUPO IGE+XAO :

Desde hace más de 30 años, el Grupo IGE+XAO concibe, desarrolla, comercializa y asegura el mantenimiento de una gama de productos de Concepción Asistida por Ordenador (CAD), de gestión de ciclo de vida "Product Lifecycle Management" (PLM) y de Simulación dedicada a la electricidad. Nuestros softwares son desarrollados para ayudar en la industria a concebir y mantener la parte eléctrica de todo tipo de instalación.
Este tipo de CAD/ PLM/ Simulación es denominado "CAD/ PLM/ Simulación Eléctrico". IGE+XAO representa 390 personas en el mundo repartidos en 32 oficinas y en 21 países así que 86.000 licencias. IGE+XAO es una referencia en su dominio.
Para toda información complementaria: http://www.ige-xao.com


CONTACTOS IGE+XAO :
Relaciones Analistas/Invertidores:
A. Di Crescenzo (Presidente Director General) +33 (0)5 62 74 36 36

Grupo IGE+XAO :
16 Bd Déodat de Séverac - CS 90312 - 31773 Colomiers Cedex - Francia
Fax: +33 (0)5 62 74 36 37 – www.ige-xao.com
Euronext Paris- NYSE Euronext - Indice CAC Mid & Small® - ISIN FR 0000030827

Relaciones Prensa :
Muriel Fourtet +33 (0)5 62 74 36 36