Toulouse, the IGE+XAO Group announces:
Consolidated turnover for 2013/2014 (in IFRS norms).
(Period from 1 August 2013 to 31 July 2014).
Turnover up 6.9%
|Turnover for 1st quarter(from 1 August to 31 October)||5,680,147||5,356,297||6.4%|
|Turnover for 2nd quarter(from 1 November to 31 January||6,890,318||6,455,967||6.7%|
|Turnover for 3rd quarter(from 1 February to 30 April)||6,786,999||6,305,127||7.6%|
|Turnover for 4th quarter(from 1 May to 31 July)||6,902,954||6,450,769||7.0%|
|Turnover 2013/2014(from 1 August to 31 July)||26,260,418||24,568,160||6.9%|
Over the 2013/2014 financial period, consolidated turnover for the IGE+XAO Group amounted to 26,260,418 euros compared to 24,568,160 euros, up 6.9% compared to the previous year. The period was particularly dense with the carrying out of two external growth operations that contributed to the activity’s dynamism. IGE+XAO bought 51% of the shares of software distribution company IGE+XAO Nordic A/S and 80% of Prosyst SAS, specialised in developing software packages and services for designing, simulating, diagnostics and performance of industrial processes, complementary to those offered by IGE+XAO.
From a technical and product standpoint, the 2013/2014 financial year was also very dynamic with the launching of new versions of the Group’s flagship software and new products such as SEE Web Catalogue, that allows electrical equipment catalogues to be downloaded and used directly in IGE+XAO software, and SEE Project Manager LT, electrical data management software for VSEs and SMEs. In parallel, the preliminary integration work between the IGE+XAO and Prosyst offerings was launched.
Backed with solid fundamentals, the Group intends to continue its development over the next few months with the opening of new locations abroad, especially in Eastern Europe and South America and the launching of new software versions that in particular integrate the Prosyst offering. This proactive action plan will be carried out while preserving a high level of profitability.