Consolidated accounts first half 2017/2018: A favourable first half year

Toulouse, IGE+XAO Group announces:

Consolidated accounts for the first half 2017/2018 (in IFRS norms).

(Period from 1st August 2017 to 31st January 2018).

                          

 

 

 

A favourable first half year

  

 Tableau S1 2017 2018 ANG

 

 

Over the first half of the 2017/2018 financial period, consolidated turnover for the IGE+XAO Group is up 9.2%, amounting to 15.1 million euros compared to 13.8 million euros one year earlier. This performance, which benefits from the strong growth observed in the first quarter of the financial period, is primarily the result of an exceptional increase in the activity linked to Major Account customers.

 

The growth in the activity is accompanied by a controlled change in the charges, which results in an increase in operating income of 16.7%, at 4.3 million euros compared to 3.7 million euros over the previous period. The operating profitability** of IGE+XAO gained nearly two points and reached 28.4%.

Consolidated net income for the Group stands at 3.1 million euros, up 11.4% and net profitability*** stands at 20.5%.

 

From a financial standpoint, the Group has a healthy structure with, at 31 January 2018, almost no bank debt and a cash flow of 30.6 million euros.

 

Backed with these results and solid fundamentals, IGE+XAO, now a subsidiary of Schneider Electric, intends to pursue its action plan, having as objectives to accelerate international development, strong investment in R&D and a high level of profitability.

 

 

* Application of IFRS 15 does not significantly affect the Group's consolidated financial statements as at 31 January 2018

** Operating income in terms of turnover

*** Net income in terms of turnover

Note: The half-year financial statements closed out at 31 January 2018 underwent a limited review by the auditors of IGE+XAO and were approved by the Board of Directors on 28 March 2018. 

 


 

 

 

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IGE+XAO hakkında:

31 yıldan uzun bir süredir IGE+XAO Grubu, Bilgisayar Destekli Tasarım (CAD) ve Ürün Yaşamçevrimi Yönetimi (PLM) alanlarında tasarım yapan, üreten, satan ve bakımını üstlenen bir yazılım yayınlayıcısı olmuştur. Bu yazılımlar herhangi bir projenin elektriksel bölümünün tasarlanması ve bakımının sürdürülmesinde üreticilere yardım amaçlı tasarlanmıştır. Bu tipteki CAD/PLM/Simülasyon yazılımları Elektrik CAD/PLM/Simülasyon olarak bilinir. IGE+XAO tüm üreticiler için hem bağımsız bir bilgisayarda hem de şirket ağında çalışabilen biz dizi Elektrik CAD yazılımı geliştirmiştir. IGE+XAO Grubu, tüm dünyada 33 farklı konumda ve 22 ülkede yerleşik 390 çalışana ve 88600 lisansa sahiptir. IGE+XAO kendi alanında bir referans’ tır. Daha fazla bilgi için www.ige-xao.com sitesini ziyaret edin.

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