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Turnover for the first quarter of 2002/2003

Having recorded strong growth in 2001/2002, IGE+XAO followed this progress in the first quarter of 2002/2003 with an increase in turnover of 6%. In the International market, the main target of the Group, IGE+XAO has posted growth of 14%. In France, where IGE+XAO holds more than 60% of the market, our business has increased by 2%. These performances are all the more remarkable in that they have been notched-up without changes in the scope of the consolidation and in an economic downturn.

At the same time, IGE+XAO Group decided to put in place in the plans for 2002/2003 a new organisation centred on its clients' skills: Design and Maintenance for industrial installations, Embedded wiring (aircraft and vehicles,…), Electrical Installations in Buildings. This organisation will permit the Group to enhance the relevance of its quotations, optimise its marketing strategy and streamline its operations.

The Company has confirmed the correctness of this business plan by seeing turnover growth combined with profitability, which is projected at a net margin of between 7% and 9% of turnover.

Furthermore, the Board of Directors advises that he will propose at the Annual General Meeting planned for the end of January 2003, a dividend distribution of up to € 271,310 net.

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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:
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