Consolidated accounts for 2008/2009 (in IFRS norms)

Toulouse, November 2nd 2009. The IGE+XAO Group announces: Consolidated accounts for 2008/2009 (IFRS norms) Steady business performance and results

Despite the severe global economic downturn, IGE+XAO still 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 favorable 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 :

Durante más de 31 años, el Grupo IGE+XAO ha realizado las actividades de desarrollo, producción, venta y mantenimiento de su gama de softwares de Diseño Asistido por Ordenador (CAD), PLM (Product Lifecycle Management) y simulación dedicados a la Ingeniería Eléctrica. Estos softwares han sido diseñados para ayudar a los fabricantes a diseñar y mantener la parte eléctrica de cualquier instalación. Este tipo de CAD/PLM/Simulación es denominado "CAD/PLM/Simulación Eléctrico". Desde que nos hicimos cargo a mediados de 2014 de Prosyst, IGE+XAO también ofrece una gama completa de software para la simulación funcional de las instalaciones eléctricas. IGE+XAO tiene cerca de 390 empleados distribuidos en 33 sedes en 22 países y más de 88.600 licencias vendidas en todo el mundo. IGE+XAO es una referencia en su sector a nivel mundial.
Para más información, visite nuestra web: http://www.ige-xao.es


CONTACTOS IGE+XAO :
IGE+XAO Ibérica, PAE Neisa Sur – Avd. Andalucía Km. 10,5 - 28021 Madrid - España Teléfono: +34 917 979 071 - Fax: +34 915 053 468
Website: www.ige-xao.es
Grupo IGE+XAO :Contacto Analistas / inversores: Alain di Crescenzo (PDG): + 33 (0) 5 62 74 36 36
Contacto Prensa: Rozenn Destouches: +33 (0) 5 62 74 36 02