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Turnover for the third quarter of 2001/2002

Even in this tense economic context, IGE+XAO shows a 16% growth in sales after the first nine months of its fiscal year. This strong increase is in keeping with the Group's objectives. The Group anticipates a 13 to 15% growth for the full 2001/2002 fiscal year.

As for its cost effectiveness, due to the Group's sustained business activities during the third quarter, and because there was practically no rise in costs, the Group's net profits increased, after having already reached 419 000 Euros after 6 months. Furthermore, IGE+XAO has a solid financial structure, has more than 4,5 million Euros at its disposal, very little debt (0,5 million Euros) and close to 1 million Euros in cashflow (evaluated over a nine month period), i.e. a very favorable net debt – financing from cashflow ratio.

Other than these achievements, the Group's third quarter was particularly lucrative due to the launch of its new high end software (See Electrical Expert) on one hand, and the signature of the EADS contract on the other hand, which represents more than 3,5 million Euros over four years.

IGE+XAO will attain its growth and net profit objectives (between 6% and 8% of sales) for the fiscal year. Finally, because of its estimates and the scope of the agreement signed with EADS, the Group will show definite sustained growth for 2002 and 2003.

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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