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Turnover for the first quarter of 2006/2007

Following fiscal 2005/2006 closing above its profit target (net result up 17.3%) and a turnover for the fourth quarter showing strong growth (up 9.2%), IGE+XAO opens its new fiscal year with a consolidated turnover up 2.6% compared to 1.6% for a year earlier.


In a first quarter traditionally noted for a seasonal downturn (annual August holiday closure) the Group has shown itself to be particularly dynamic. First, IGE+XAO has signed a significant commercial contract with Embraer (world leader in commercial aircraft of up to 110 seats) Further, the Group has launched two joint ventures, EHMS SAS (for the development & marketing of a range of softwares for computer assisted design for the production of electrical harnesses) and S2E Consulting SAS (advice & assistance dedicated to systems engineering and the processes of electrical design) these created respectively with the Groups Labinal and Sogéclair. These operations, which should bear first fruits during 2007, underline clearly the strategy of the Group namely, to provide a complete solution of softwares & services in the domain of electrics and cabling.


At the financial level, the objective of the IGE+XAO Group is to pursue its business plan which envisages growth in turnover whilst always preserving high levels of profitability which reached 10.4% for fiscal 2005/2006.


Finally, in accordance with IGE+XAO's policy the Board of Directors will propose at the Sharelholders General Meeting a dividend distribution of € 0.20 per share. This compares to € 0.18 per share a year earlier.

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Circa IGE+XAO:

Da oltre 30 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 32 sedi in 21 paesi, e ha 86.000 licenze. IGE+XAO è un punto di riferimento nel suo settore. Per ulteriori informazioni, http://www.ige-xao.com

PER ULTERIORI INFORMAZIONI:

IGE-XAO SRL
Via Canovine, 46 24126 - BERGAMO
Tel: 035 4596167
Fax: 035 4243793
Contatto: info@ige-xao.it

 

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