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Consolidated turnover for 2009/2010 (in IFRS norms) 4th quarter growth

Despite a difficult economic situation in 2009/2010, marked by significant slowdowns in the electrical equipment and Computer Aided Design (CAD) software markets, the turnover of IGE+XAO was back on the rise in the second half of 2009/2010. Thus, in the 3rd and 4th quarters, growth of 0.8% and 1.3% was respectively achieved. At the same time, the consolidated annual turnover amounted to €21,306,152. The business recovery in the second half of the year was attributable to the Group's customer diversification strategy and good international dynamics.

Throughout the financial year, IGE+XAO kept to its road map aimed at optimizing its economic model while maintaining its capacity in terms of innovation and market conquest. At the beginning of 2011, IGE+XAO will launch major new versions of its spearhead electrical CAD software (Computer-Aided Design). These will supplement the SaaS (Software as a Service) and Construction offers as well as the Electrical PLM (product life-cycle management) range aimed at the aeronautic and automotive markets.

In this context and on the strength of its solid fundamentals, the Group carries on its action plan targeting innovation and the opening of new markets while keeping a high profitability level.


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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