Turnover for the first quarter of 2005/2006

The IGE+XAO Group's consolidated turnover increased by 2% during the first quarter of 2005/2006. However, this increase should be evaluated in light of the exceptional performance posted during the same period a year ago, where as in the first quarter of 2004/2005 turnover increased by 20% versus an average of 10% over the entire financial year. Therefore, after adjusting for the average growth rate over 2004/2005, the first quarter 2005/2006 turnover increase would rise to 11%.

On the technical and sales and marketing side, the 2005/2006 financial year will be particularly eventful with both the launch of new products and the creation of two new branches, one in Dallas-Fort Worth (USA) and the other in Nanjing (China).

From a financial standpoint, the IGE+XAO Group's goal is to continue its market strategy aimed at growing in both turnover and profitability, with a net margin that should be in the region of around 9% of turnover.





Download PDF Electrical CAD