Toulouse, 15 June 2012, the IGE+XAO Group announces:
Over the third quarter of the 2011/2012 financial period, consolidated turnover for the IGE+XAO Group is up 4,2% at 5,990,414 euros. Consolidated turnover over 9 months has reached 17,254,682 euros, which is an increase of 3,9%. Quarterly activity in particular benefited from the positive impacts of the launching, at the end of 2011, of new versions of the Group’s flagship products, SEE Electrical and SEE Electrical Expert, including substantial innovations pertaining to “collaborative engineering” as well as new features combining ergonomics and performance.
From a financial standpoint, IGE+XAO has a solid structure at 31 January 2012, with in particular operational profitability of more than 25% and a cash surplus allowing it to pursue its objectives, which are aimed at growth in the activity while still maintaining a high level of profitability.
Over the year 2012, backed with its results and its solid fundamentals, the Group intends to pursue its development internationally with the opening of sites in new countries (Turkey) as well as reinforcing its presence on the American and Asian continents. In parallel, the deployment of the Electrical PLM (Product Lifecycle Management) offerings will be accelerated in order to cover demand in the aeronautics, space and transport fields. In accordance with the Group’s business plan, these operations will be accompanied by a high level of profitability.