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Half-term consolidated accounts as of january 31, 2009.

In the first half of 2008/2009, IGE+XAO reports a 4.8% growth in turnover, with the figure of 10,964,826 euros as compared to 10,465,904 euros the previous year. The growth is all the more impressive as it was achieved in a tight economic situation and, in addition, the contribution from contracts for the Group’s PLM offer (Product Life-cycle Management) dedicated to Electrical Engineering, so far has remained stable from one year to the next.

In addition to business activity, current operating income and operating income have increased significantly, being up by 13.3% and 55.4% respectively. The change in net income does not reflect the Company’s performance when taking into account the positive value of €1,134,693 posted last year when the Company sold its 11% holding in Anyware Technologies. Profitability ratios have achieved very impressive levels, showing a 13.6% net margin* and a 16.8% operating margin**.

On the financial side, IGE+XAO has a solid basis, having, at January 31, 2009, 16.5 million euros of equity capital, almost zero bank debt, and available cash of over 13 million euros. In this current fiscal year, the IGE+XAO Group intends to continue with its strategic plan, whilst however paying a careful attention to the preservation of a high profitability level.

* Group net income / turnover
** Operating income / turnover






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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