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2004/2005 half-year consolidated accounts

During the first half of 2004/2005, IGE+XAO continued its expansion with a € 9,251 K turnover compared to a € 8,315 K turnover in 2003/2004, that is, a growth of 11%.


The period is characterized by the good level of the operating income that increased by 9% compared to 2003/2004, as well as the control over costs enabling the Group to lessen the impact of the reinforcement of its resources. Actually, the average headcount was 332 employees at January 31st, 2005 compared to 266 one year ago, that is a 25% increase. This strong evolution, which mainly affects the R&D and Solutions activities, clearly reflects the strategy of the Group, aiming at speeding up the launch of innovating offers that will bring IGE+XAO a decisive competitive advantage.


On January 31st, 2005, the Group net income amounted to € 665 K, a 7% increase when compared to 2003/2004. This performance is all the more noticeable since, on the one hand, the 2003/2004 first half period had been exceptional with a net income amounted to € 620 K compared to € 462 K one year earlier and, on the other hand, the USD exchange rate strongly impacts the financial loss.


At the same time, the Group is able to consolidate its financial situation with a shareholder's equity of € 9,472 K (+15%), financial debts of € 201 K and a strong cash flow over € 9,400 K.


During the fiscal, IGE+XAO reassure that their budget plan is correct and expect an increase in turnover and profitability over 8%.

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SOBRE O GRUPO IGE+XAO :

Por 30 anos, o Grupo IGE+XAO tem editado, projetado, produzido, vendido e garantido a manutenção de uma gama de softwares para Desenhos Auxiliados por Computador (CAD), Gerenciamento de Ciclo de Vida de Produto (PLM) e softwares de Simulação dedicados a Engenharia Elétrica. Estes pacotes de software tem sido projetados para ajudar os fabricantes a projetar e manter os setores elétricos de qualquer instalação. Este tipo de CAD/PLM/Simulação é chamado de "CAD/PLM/Simulação Elétrico(a)". A IGE+XAO construiu uma gama completa de softwares e aplicações de CAD/PLM/Simulação Elétrico projetados para todos os fabricantes. A IGE+XAO emprega 390 pessoas ao redor do mundo em 32 locais e 21 países, e tem mais de 86.000 licenças vendidas ao redor do mundo. A IGE+XAO é a referência neste segmento.
Para mais informações visite: http://www.ige-xao.com

CONTATOS DO GRUPO IGE+XAO GROUP :
Analysts/ Investors : Alain Di Crescenzo (Chairman of the Group): +33 (0)5 62 74 36 36
IGE+XAO Group, 16 boulevard Deodat de Severac - CS 90 312 - 31 773 COLOMIERS CEDEX
Telefone: +33 (0)5 62 74 36 36 - Fax : +33 (0)5 62 74 36 37
Site Web: www.ige-xao.com
Listada na Euronext Paris- NYSE Euronext - Indice CAC Mid & Small® - ISIN FR 0000030827

Contato de Imprensa :
Christian Colin : +33 (0) 5 62 74 36 36