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Turnover for the first quarter of 2003/2004

Having completed a successful 2002/2003 financial year, IGE+XAO followed good progress in the first quarter of 2003/2004 with an increase in turnover of 6%. In the international market, the main target of the group, IGE+XAO has posted growth of 12%. In France, where IGE+XAO holds more than 60% of the market, the business has increased by 3%.


This new fiscal year should see increased activity for the Company with the launch of the first integrated solution for the CATIA V5 of Dassault Systèmes and the start of production of a new range of software entirely developed for the CAA V5 architecture of Dassault Systèmes. These new products will allow the Group to reinforce its position in the Electrical CAO market and to assert itself in the systems engineering market.


This fiscal reassures IGE+XAO that their planned budget is on target. They anticipate an increase in both turnover and profitability, with a net margin in excess of 8% of turnover.

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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