Consolidated accounts 2016/2017 (IFRS standards) - a good financial period

Toulouse, IGE+XAO Group announces:

Consolidated accounts for 2016/2017 (in IFRS norms).


2016/2017: a good financial period


Turnover: + 4.7%

Operating income: + 8.1%

Operating margin: 27% 



 IGE XAO Consolidated accounts 2016 2017


Over the 2016/2017 financial period, turnover for the IGE+XAO Group is up 4.7%. This growth is accompanied by a substantial change in profitability with operating income reaching 7,945,550 euros, which is a margin of 27%**, and total consolidated net income of 5,857,121 euros bring the net margin to 19.9%***. This change is remarkable all the more so in that it is taking place in a downward context of 25.6% in the amount of the Research Tax Credit. 


With regards to Research and Development, activity was dynamic with particular efforts on software for the design and manufacture of electrical cabinets in 3D, maintenance and troubleshooting on the Cloud and advanced management of electrical equipment catalogues.

Over the beginning of the current financial period and in line with the last two quarters of 2016/2017 financial period, IGE+XAO is observing a favourable change in the activity which should continue on the 1st quarter bringing more than 10% growth. Loyal to its economic model, this good trend will be accompanied by a high level of profitability.  



*     The consolidated financial statements were approved by the Board of Directors on 25 October 2017 and will be submitted for approval to the Annual Shareholders' Meeting.

**    Operational margin: operating income / turnover 

***   Net margin: net income / turnover  







Circa IGE+XAO:

Da oltre 31 anni, il Gruppo IGE+XAO è un editore di software che crea, produce, vende e garantisce la manutenzione di una serie di software per il Computer Aided Design (CAD), Product Lifecycle Management (PLM) e Simulazione, dedicata alla elettricità. Questi prodotti software sono stati progettati per aiutare le aziende nella progettazione e manutenzione della parte elettrica di ogni tipo di installazione. Questo tipo di CAD/PLM/Simulazione si chiama "CAD/PLM/Simulazione Elettrica". IGE+XAO impiega 390 persone in tutto il mondo su 33 sedi in 22 paesi, e ha 88600 licenze. IGE+XAO è un punto di riferimento nel suo settore. Per ulteriori informazioni,


Via Canovine, 46 24126 - BERGAMO
Tel: 035 4596167
Fax: 035 4243793


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