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Consolidated accounts for 2013/2014 (in IFRS norms) : Crossing of the upper threshold of 25% for operational profitability

 

The IGE+XAO Group announces:

Consolidated accounts for 2013/2014 (in IFRS norms)*

Crossing of the upper threshold of 25% for operational profitability**

 

IGE XAO consolidated accounts 2013 2014

 

Over the 2013/2014 financial period, consolidated turnover for the IGE+XAO Group amounted to 26,260,418 euros, up 6.9%. Commercial activity in particular benefited from the strong momentum in its major accounts activity in France as well as abroad and also from the contribution of the two external growth operations conducted over the period. IGE+XAO as such acquired 51% of the shares of software distribution company IGE+XAO Nordic A/S and 80% of Prosyst SAS, specialised in developing software packages and services for designing, simulating, diagnostics and performance of industrial processes, complementary to those offered by IGE+XAO.

Over the same period, the Group's operating income, up 11.6%, amounted to 6,602,722 euros and the operating margin** has crossed the 25% line compared to 24% one year earlier. This favourable change is the result of the growth in activity as well as good control of operating expenses, in particular in a period of company mergers. Net income stands at 5,071,106 euros compared to 4,603,863 euros one year ago, up 10.1%, resulting in a net margin** of 19.3% (compared to 18.7% over the previous period).

Over the new period and backed with its solid fundamentals, the Group is planning to extend its international coverage by opening a representative office in Russia and a subsidiary in Brazil. In parallel, new offerings integrating the Prosyst software range will be launched in the market at the beginning of 2015. This proactive action plan will be carried out by preserving the high level of profitability.

*   The consolidated financial statements were approved by the Board of Directors on 22 October 2014 and will be submitted for approval to the Annual Shareholders' Meeting.

**   Operating margin: operating income / turnover

*** Net margin: net income / turnover

 

 

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关于IGE+XAO集团:

30 年来,IGE+XAO集团从事一系列CAD(计算机辅助设计)软件的设计、生产、销售和维护。这些电气CAD软件用于帮助生产商设计和维护所有生产过程的电气部分。IGE+XAO已建成了一整套的电气CAD软件程序,可应用于所有工业领域。IGE+XAO集团拥有390多名员工,遍布21个国家的32个分公司。在全世界售出86,000多个许可,成为了行业内的典范。
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IGE+XAO CHINA CONTACTS: 
20S5, Huatai Securities Building, No.90 East Zhongshan Road, Nanjing,210002,China
Tel: +86(0)25 8689 0716/ 8465 0534 / Fax: +86(0)25 8465 0564
Email:sales_china@ige-xao.com
www.ige-xao.com.cn


IGE+XAO中国分公司联系方式:
中国江苏省南京市秦淮区中山东路90号华泰证券大厦20S5
电话:+86(0)25 8689 0716/8465 0534/传真:+86(0)25 8465 0564/
邮箱:sales_china@ige-xao.com
网址:www.ige-xao.com.cn