Winkelwagen
is leeg
livemarks Facebook Twitter Youtube Linkedin

2001/2002 Annual financial report

In a tense economic context, IGE+XAO has shown its highest net income since its inception with consolidated net income of € 1,137,200 which represents 7.4% of the Group's yearly turnover. This sustained increase is at the higher end of the Group's objectives, which forecasted an increase of the gross margin of between 6% and 8%.


Apart from net income, all the indicators of profitability have seen notable growth, namely the EBITDA, the operating income and the consolidated net income, which increased respectively by 15%, 13% and 16%.


Other than these achievements, the 2001/2002 fiscal year was particularly intense. Thus, during this same period the Group has launched a new high-end software (See Electrical Expert®), signed a contract with EADS amounting to more than 3 million euros over four years and integrated the CADdy++ software product which was a result of company acquisition last year.


In addition and pursuant to the policies of IGE+XAO, the Board of Directors will propose to the Annual General Meeting of shareholders to distribute dividends of an amount of € 271,310 to which a tax credit must be added.


Concerning the current fiscal year, IGE+XAO confirms the good continuation of its Business plan which aims to increase turnover and profitability.

news_photo1



Over IGE + XAO:

De Group IGE + XAO ontwikkelt, verdeelt en ondersteunt reeds meer dan 30 jaar software voor elektrotechnisch ontwerpen, toegespitst op 3 marktsegmenten: Industrieel elektrotechnisch ontwerpen, residentieel elektrotechnisch ontwerpen alsook software voor Harness-design (kabelbomen). IGE + XAO is sinds 1997 beursgenoteerd (Euronext Paris – NYSE Euronext). De Group IGE + XAO heeft meer dan 390 medewerkers wereldwijd, verspreid over 32 vestigingen in 21 landen. Met meer dan 86 000 verkochte licenties is IGE + XAO een referentie in zijn vakgebied. Voor meer informatie bezoek ons op http://www.ige-xao.com, of http://www.ige-xao.nl

Contacteer IGE+XAO Group:
Investment Relations Alain Di Crescenzo (CEO) : +33 (0)5 62 74 36 36
Press: Christian Colin:  +33 (0)5 62 74 36 36
IGE+XAO Group, 16 boulevard Deodat de Severac - CS 90 312 - 31 773 COLOMIERS CEDEX
Telefoon Algemeen:   +33 (0)5 62 74 36 36  - Fax : +33 (0)5 62 74 36 37 – http://www.ige-xao.com