PRESS RELEASE th
Toulouse, 15 June 2011. The IGE+XAO Group announces:
Consolidated turnover for the third quarter of 2010/2011 (in IFRS norms)
A well-oriented 3rd quarter
En Euros 2010/2011 2009/2010 Evolution st
Turnover for 1 half 10,853,145 10,369,899 +4.7% st st
(From 1 August 2010 to 31
January 2011) rd
Turnover for 3 quarter 5,748,394 5,525,177 +4.0% st th
(From 1 February 2011 to 30 April 2011) th
Turnover as of 30 April 2011 16,601,539* 15,895,075 +4.4% st th
(From 1 August 2010 to 30 April 2011)
* Including 11.7 million invoiced from France (11.2 million in 2009/2010) with the understanding that this amount also includes billing abroad issued from France within the framework of the activities tied to the distribution networks and to the major international key accounts.
Over the first nine months of the period, IGE+XAO had accumulated revenue of 16,601,539 euros, which is a 4.4% increase compared to the previous year. The 3rd quarter had growth of 4% at 5,748,394; this change can be appreciated even more since the revenue over the same period one year earlier was already up, stimulated by the preliminary signs of a recovery.
In parallel, IGE+XAO is taking advantage of this good resistance of the business and of the profitability that is up sharply to accelerate its operating plan in France as well as abroad. From a product standpoint, special attention has been devoted to the commercial launching of the new versions of SEE Electrical V6 and SEE Electrical Expert V4 products. Internationally, IGE+XAO is anticipating its action plan for 2011/2012, aiming to create three new sites abroad. Thus the Group will create a new subsidiary in Turkey this summer and subsidiaries in Russia and South America in 2012.
Finally, from a financial standpoint, IGE+XAO has solid fundamentals with an operational profitability of more than 20% and available cash of 18.8 million at 31st January 2011. This will enable the Group to achieve its objectives to open up new markets while still retaining good profitability.
ABOUT THE IGE+XAO GROUP:
For over 25 years, the IGE+XAO Group has been a software publisher designing, producing, selling and ensuring the maintenance of a range of Computer-Aided Design (CAD) software. These Electrical CAD software applications have been designed to help manufacturers design and maintain the electrical section of any installation. IGE+XAO has built a complete range of Electrical CAD software applications designed for all industry fields. The IGE+XAO Group has more than 340 employees spread out in 22 locations and 16 countries. With more than 61,700 licenses sold throughout the world, IGE+XAO is a reference in its domain.
For more information, visit http://www.ige-xao.com
IGE+XAO GROUP CONTACTS:
IGE+XAO Group, 25 Boulevard Victor Hugo – BP 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 Euronext Paris – NYSE Euronext – CAC® Mid & Small – ISIN FR 0000030827
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

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