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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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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