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Consolidated accounts for 2009/2010 (in IFRS norms)

Toulouse, 29th October 2010.The IGE+XAO Group announces:

Consolidated accounts for 2009/2010 (in IFRS norms)

Good performance and significant increase in net income

Against a difficult economic background in 2009/2010, the IGE+XAO Group posted annual consolidated revenues of €21,306,152, marked by a return to growth in the last two quarters (+0.8% and +1.3% respectively) after a 5.4% drop in the first half year. This business recovery is attributable to the Group's diversification strategy in terms of clientele and good international dynamics.

At the same time, IGE+XAO significantly improved its operating profitability, with current operating income and operating income increasing 14.2% and 15.9% respectively. This favorable trend is the fruit of effective control of operating costs and the improvement of the business model. Those two factors notably enabled the Group to maintain its innovation efforts while optimising costs, and conquer new markets. Net income amounts to €2,999,596 versus €2,740,330 a year earlier, for a net margin rate** of 14.1% versus 12.6% the previous year.

Moreover, IGE+XAO has solid fundamentals with a diversified client portfolio, extensive international presence, as well as high profitability and a net cash position of €17 M. In this context, while remaining vigilant over changes in the economic situation, IGE+XAO intends to maintain a significant level of investment in Research and Development while preserving all of its growth capacities. Thus, for fiscal 2010/2011, the Group is planning the launch of major new versions of its leading software (SEE Electrical, SEE Electrical Expert and SEE Electrical Harness PLM) as well as their marketing in new countries.
** Net margin: net income / revenues






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