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Consolidated Accounts for the first half of 2010/2011 (in IFRS norms). Period from 1st August 2010 to 31st January 2011

Toulouse, 31st March 2011, The IGE+XAO Group announces:

Strong growth for the first half 2010/2011
Turnover: +4,7%
Operational result: +27,9%
Net result: +33,2%


For the first half 2010/2011, IGE+XAO posts a 4,7% increase in turnover, which amounts to €10,853,145 versus €10,369,899 a year earlier. This rise was particularly significant in the second quarter (+5,7%), thus confirming the good business trend observed in the first three months of the fiscal year (+3,4%).


The rise in turnover was accompanied by a strong focus on the Group's spearhead products, which will be further boosted by the launch of two major new versions of the SEE Electrical Expert and SEE Electrical software in the second half of the year. In addition to new functions aimed at increasing productivity, SEE Electrical Expert V4 will include a complete environment dedicated to "collaborative engineering" while SEE Electrical V6 will offer a powerful, user-friendly interface.


In terms of profitability, the Group posts operating income of €2,551,693, up 27.9% over the first half 2009/2010, for an operating margin* of 23.5%. This growth is attributable to the upswing in activities as well as the quality of the business model, which IGE+XAO is improving year-on-year. Net income stands at €1,923,887 (up 33.2%), for a net margin** of 17.7%.


IGE+XAO also boasts a solid financial structure. At 31 January 2011, its shareholders' equity amounted to €20.9 million, with an insignificant bank debt and a cash position of €18.8 million.


Ahead of schedule, on the strength of its good results and solid fundamentals, the IGE+XAO Group will start to deploy its 2011/2012 action plan aimed at setting up three new sites abroad - in Russia, Turkey and South America - as well as boosting the development of its Electrical PLM (Product Lifecycle Management) offers. In line with the Group's business plan, those operations will be accompanied by a high profitability level.


* operating income in relation to turnover.

** net income in relation to turnover.

NB : A limited review of the half-year financial statements to 31 January 2011 was carried out by the auditors of IGE+XAO. The half-year financial statements were approved by the Board of Directors on 25 March 2011.


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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。
为获取更多的信息,请访问 http://www.ige-xao.com


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:
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电话:+86(0)25 8689 0716/8465 0534/传真:+86(0)25 8465 0564/
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