Turnover for the financial year of 2004/2005

Toulouse - September 12th, 2005 — IGE+XAO increases its rate of progress during fiscal 2004/2005 with a turnover of € 19,010,85, a growth of 10% compared to the previous year. This excellent result exceeds the Group's forecast for growth, announced between 5% and 9%.

Apart from the increase in turnover, fiscal 2004/2005 has been particularly active with the signing of a contract for more than € 1.5 million over a two-year period with the Group Eurocopter. At the same time, IGE+XAO has entered into several major partnerships notably with Weidmüller and with Moeller Electric. The first aims to integrate Weidmüller's wiring materials in IGE+XAO software and to permit business synergies. The second is in the supplying by IXE+XAO of a software programme for the drawing of electrical circuits destined for the clients of Moeller Electric.

In accordance with Group forecasts, this excellent increase in business activity will be associated with a higher level of profitability.

news_photo1



Download PDF Electrical CAD