Items filtered by date: 10月 2006

Toulouse, 31st. October 2006 – IGE+XAO Group announces :

During 2005/2006, IGE+XAO entrenched its development with a turnover of € 19,698,405 an increase of 7.2% on the previous fiscal.

On its plans for profitability, the Company's performance is significant with an operating profit rising to € 3,107,699 up 20.5% and with the net income reaching € 2,052,946 an increase of 17.3%. The net margin of 10.4% of turnover thus achieved, underwrites the objective between 8% and 10% announced by the Group Board of Directors.

At the same time, IGE+XAO strengthened its financial position with the absence of long-term financial debt, cash-at-bank of € 10,193,927 (€ 8,970,715 in 2004/2005), and a total shareholder's equities of € 11,649,114 (€ 10,348,618 in 2004/2005).

This very healthy financial position gives the Group the ability to achieve its commercial and technical development objectives. In 2005/2006, the Group thereby increased its international presence with the acquisition of its Swiss distributor Hibatec GmbH, the creation of a marketing subsidiary in the United States and the opening of a representative office in China. Significant commercial agreements have been signed notably with Schneider Electric in June 2006 and Embraer very recently in October 2006. On the technical plan, IGE+XAO has persuaded a large research and development effort in order to market in particular an integrated program to manage the life cycle of an electrical installation (PLM).

Finally, and in accordance with IGE+XAO policy, the Board of Directors will propose at the Annual General Meeting, a dividend distribution amounting to € 350,800 compared to € 315,720 in 2004/2005.

Toulouse (France) and São José dos Campos (Brazil) - October 19th, 2006

The IGE+XAO Group announces that Embraer, the world's leading manufacturer of commercial jets of up to 110 seats, has selected their "SEE Electrical Harness Collaborative / SEE Electrical Expert" software packages in order to design the electrical installations of the aircrafts. Firstly, Embraer will use the IGE+XAO Group's software packages for its new programs. Subsequently, their use could be extended to other programs.

The implementation of IGE+XAO's solutions deployment has been achieved in record time. In less than eight months, the software packages have been adapted to Embraer's requirements, integrated into its hardware and software environment, then implemented. They are now in use. Both companies have worked extensively on this customization.

"The Embraer contract confirms the strong position that the IGE+XAO Group holds in the aeronautics market. The joint Embraer/IGE+XAO project team has demonstrated strong professionalism and reactivity by achieving in only a few months, the integration of the IGE+XAO solution into the Embraer working methods and information system. This performance emphasizes the relevance and maturity of the IGE+XAO Group offering. This new contract, along with its commercial spin-offs and public image, will lead the Group to the creation of an office in South America", declared Alain Di Crescenzo, IGE+XAO Group CEO and Chairman.

Embraer is an addition to the prestigious list of aeronautics companies that are already using the IGE+XAO Group's software packages. Not only does this new partnership reinforce the Group's position in the field of electrical harness design (particularly in the aeronautics field), but it also confirms the competitive advantage of the Group's solutions and the high level of expertise of its teams.

IGE+XAO集团宣布,世界上领先的、可生产达110个座位商用喷气飞机的生产商,巴西航空工业公司,选择了其“SEE Electrical Harness Collaborative / SEE Electrical Expert”软件来设计飞机的电气设备。首先巴西航空工业公司将在其新的计划中应用IGE+XAO集团的软件,随即将扩展到其他计划中。

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