Consolidated turnover for 4th quarter 2016/2017 : Strong growth in the activity

 Toulouse,  the IGE+XAO Group announces:

 Consolidated turnover for 4th quarter 2016/2017 in IFRS norms

                          

 

 

Strong growth in the activity

 

 

 Tableau Q4 2016 2017 ANG def

 

Over the 4th quarter of 2016/2017, IGE+XAO enjoyed strong growth in its activity, with turnover amounting to 8,080,204 euros compared to 7,499,071 euros one year ago, which is an increase of 7.8%. The acceleration in sales over this period was particularly substantial in Asia, in Europe with the SME/SMI activity and with major international accounts. The Prosyst subsidiary, specialising in diagnostics, optimisation and simulation of industrial processes, also enjoyed strong growth in its activity. Over the entire 2016/2017 financial period, consolidated turnover for the IGE+XAO Group is up 4.7%, amounting to 29,439,262 euros compared to 28,117,938 euros one year earlier.

 

2016/2017 was a dense year from a technical standpoint with increased mobilisation in Research and Development efforts on the Group's most widely distributed software, SEE Electrical Expert and SEE Electrical, for which the new versions will reach the market before the end of the year 2017. Moreover, IGE+XAO launched a major version of its electrical dimensioning software SEE Calculation, including, among other things, an adaptation to the latest standard NFC 15-500.

 

Backed with the strong momentum in the activity and in the quality of its business model, IGE+XAO plans to accelerate its market plan focusing on intensifying commercial development in particularly internationally, strong investment in R&D and a high level of profitability.



 

 

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О Компании IGE+XAO:

Более 30 лет, Группа компаний IGE+XAO hявляется разработчиком, издателем и обеспечивает техническую поддержку ряда программных продуктов в сфере Компьютерного Проектирования (CAD) и Упраления Циклом Разработки (PLM). Это программное обеспечение было создано для разработки и обслуживания электрической части любого электрооборудования, схем или электросетей. Такой тип программного обеспечения CAD/PLM/Simulation называется "Electrical CAD/PLM/Simulation" (Электрический CAD/PLM/Simulation). IGE+XAO предлагает полный спектр программных приложений на рынке "Electrical CAD/PLM/Simulation" обеспечивающих потребность всех отраслей промышленности. Количество сотрудников 390 человек по всему миру, 32 офисов в 21 странах, активировано 86,000 лицензий. IGE+XAO является лидером в своей области. Дополнительная информация на сайте: http://www.ige-xao.com

IGE+XAO Contacts:
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
Phone: +33 (0)5 62 74 36 36 - Fax : +33 (0)5 62 74 36 37
Site Web: www.ige-xao.com
Listed on Euronext Paris- NYSE Euronext - Indice CAC Mid & Small® - ISIN FR 0000030827

Press Contact:
Christian Colin : +33 (0) 5 62 74 36 36