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2001/2002 half year consolidated accounts

Even in this rather tense economic context, IGE+XAO's results for the 1st semester have surpassed expectations, due to a strong increase in business and a net income of 419 K€, which represents 6% of its sales figure. Indeed, because of unfavorable conditions during the first semester, the Group had estimated that its net profits would be in the order of 4%. This strong performance is proof of the Group's solid position and clearly shows the quality of its economic model.
This 25 % jump in its operating income is due to a strong increase in sales (+19%) and a firm control over operating expenses, which went up by only 16%.
IGE+XAO took advantage of these factors to review its entire organization while all the while maintaining its profitability objectives. The impact of this reorganization on its results after 6 months was a net expenditure of 110 K€. Please note that without this one time only expense, the Group's net results would have increased by 17% when compared to the 2000/2001 fiscal year.
IGE+XAO has successfully increased its net earnings by 6% to 8% of its sales figure. Finally, due to its estimates and because of the importance of the agreement signed with EADS (more than 3,5 million Euros over 4 years), the effects of which are expected for the end of this fiscal year, IGE+XAO will definitely show a 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。
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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