IGE+XAO :Strong momentum in the 4th quarter

Toulouse, the IGE+XAO Group announces :
Consolidated turnover for 2015/2016 (in IFRS norms).
(Period from 1 August 2015 to 31 July 2016).
                          
Strong momentum in the 4 th quarter

In euros2015/20162014/2015Evolution
Turnover for 1 st quarter
(from 1 August to 31 October)
  6,203,671  

  5,996,736
 

  + 3.5%
Turnover for 2 nd quarter
(from 1 November to 31 January)
  7,239,989  

  7,171,665
 

  + 1.0%
Turnover for 3 rd quarter
(from 1 February to 30 April)
  7,175,206  

  6,962,248
 

  + 3.1%
Turnover for 4 th quarter
(from 1 May to 31 July)
  7,499,071  

  7,246,440
 

  + 4.1%
Turnover 2015/2016
(from 1 August to 31 July)
  28,117,938  

  27,377,089
 

  + 2.9%

In the 4 th quarter, IGE+XAO has activity up 4%, as such closing out the financial year at 28,117,938 euros compared to 27,377,089 euros one year earlier.

From a commercial standpoint, the period was mainly marked by the dynamism, both nationally and internationally, in the sale and rental activities of licences for SME/SMI and major accounts. In parallel, IGE+XAO has intensified its actions in Asia and in Northern Europe.

The period was also intense concerning technical activity. The efforts deployed mainly concerned the interoperability between the "SEE Electrical Expert" product and the PROSYST ("ODIL and SIMAC") offering, the distribution of the new "3D Panel" software (design and manufacture of electrical cabinets in 3D) and the integration of the Group's products with PLM "Product Lifecycle Management" leading software in the international market.

Finally, backed with its results and its solid fundamentals, and while still retaining its high level of profitability, IGE+XAO plans to intensify its international operations in 2017, with in particular the creation of two new subsidiaries in Asia.  

 

ABOUT THE IGE+XAO GROUP
For over 30 years, the IGE+XAO Group has been a software publisher designing, producing, selling and supporting a range of Computer Aided Design (CAD), Product Lifecycle Management (PLM) and Simulation software dedicated to Electrical Engineering. These software products have been designed to help manufacturers in the design and maintenance of the electrical part of any type of installation. This type of CAD/PLM/Simulation is called "Electrical CAD/PLM/Simulation". IGE+XAO has built a range of Electrical CAD/PLM/Simulation software designed for all the manufacturers. IGE+XAO employs 390 people around the world at 32 sites and in 21 countries, and has more than 86,400 licences distributed around the world. IGE+XAO is a reference in its field. For more information: http://www.ige-xao.com

IGE+XAO GROUP CONTACTS
IGE+XAO Group , 16 Boulevard Déodat de Séverac - CS 90312 - 31773 Colomiers cedex - France
Phone: +33 (0)5 62 74 36 36 - Fax: +33 (0)5 62 74 36 37 - www.ige-xao.com
Listed on NYSE Euronext Paris - Compartment C - ISIN FR 0000030827
EnterNext© PEA-PME 150 index
Analysts/ Investors contact : Alain Di Crescenzo (Chairman of the Group): +33 (0)5 62 74 36 36
Press contact : Rozenn Nerrand-Destouches: +33 (0)5 62 74 36 02

IGE+XAO :Strong momentum in the 4th quarter



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Source: IGE+XAO via GlobeNewswire

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