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Consolidated turnover for the third quarter of 2012/2013 (in IFRS norms).

Home News › Consolidated turnover for the third quarter of 2012/2013 (in IFRS norms).

Toulouse, 13 June 2013, the IGE+XAO Group announces: Growth in turnover exceeds 5% Over the first 9 months of the 2012/2013 financial period, IGE+XAO Group has turnover of 18,117,259 euros, up 5% compared to the previous year. The third quarter has growth of 5,3% and is stabilised at 6,305,127 euros compared to 5,990,414 euros one year ago. This growth is a continuation of the preceding quarters with strong momentum in the major accounts activity combined with good performance internationally, especially in Northern Europe. In parallel, IGE+XAO’s activity was particularly dense over the period with noticed participation at several trade shows – especially at the Hanover Fair -, the launching of a new marketing method of the SaaS type called “Freedom Next” and also preparation of new software versions that will be released at the end of 2013. Backed with its results and its solid fundamentals, the Group intends to continue its development with, internationally, a project for opening a site in South America and the continuation of its efforts in terms of research and development (25% of the turnover over the first half of the year), in particular on its mid- and high-end software products. In accordance with the Group’s economic model, these operations will be accompanied by a high level of profitability.