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Turnover for first quarter of 2009/2010 (in IFRS norms)

Toulouse, December 15th 2009. The IGE+XAO Group announces:



Turnover almost stable in a very tough international context



In a struggling international economic context, with the Computer-Assisted Design market facing substantial drops in business, IGE+XAO posted a turnover of €4,735,624 for the 1st quarter. This figure is slightly down by 1.9% at a constant exchange rate (2.6% at real exchange rate) as compared with the 1st quarter of the previous year, which represented the best quarterly performance in 2008/2009 (+7.1%).



Over the period, the solid fundamentals of IGE+XAO (diversified customer portfolio, strong international presence and high profitability), will enable the Group to apply a dynamic action plan, while optimising costs. The Group will therefore launch two major new versions of its most popular software, SEE Electrical Expert V3R7 and SEE Electrical V5R1, internationally. In parallel, IGE+XAO is continuing to deploy its SaaS (Software as a Service) range for SME/SMI. This new mode of commercialisation, which protects recurring medium-term Group income, particularly meets the requirements of companies in the current context, enabling them to control their investment.



In the context of this crisis, the solid financial structure of the Group is a decisive advantage, (on 31 July 2009: 17 million euros in equity, virtually no bank debt and 14.3 million euros in cash and cash equivalent). This asset will allow IGE+XAO to maintain a substantial level of investment while protecting its ability to take up any opportunity for internal or external growth with a view to playing a leading role from the first signs of recovery.



Finally, in keeping with the policy set forth by the IGE+XAO Group, at the Annual General Meeting the Board of Directors will propose the distribution of a gross dividend of €0.43 per share.






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:
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