The IGE+XAO Group announces:
Consolidated accounts for 2014/2015 (in IFRS norms)*
A dynamic year
Operational profitability: 25%
| In euros | 2014/2015 | 2013/2014 | Evolution |
| Turnover | 27,337,110 | 26,260,418 | 4.1 % |
| Current operating income | 6,831,949 | 6,562,541 | 4.1 % |
| Consolidated income before tax | 7,314,815 | 6,961,670 | 5.1 % |
| Net result - Group | 5,289,604 | 5,071,106 | 4.3 % |
Over the 2014/2015 financial period, consolidated turnover for the Group amounted to €27,337,110 compared to €26,260,418 one year earlier.
Current operating income, up 4.1%, amounts to €6,831,949 resulting in 25% for operational profitability**. Net income stands at €5,289,604, up 4.3% and brings net profitability*** to 19.3%.
In addition to these results, IGE+XAO had a very dense year with:
- the operational consolidation of IGE+XAO Nordic and Prosyst, acquired respectively in October 2013 and April 2014,
- the creation of two new commercial subsidiaries in Brazil and Belgium,
- the distribution of new versions of its flagship software,
- and the launching of its internet portal dedicated to downloading electrical equipment catalogues.
Over the current financial period, backed with these solid results and its financial capacity, the IGE+XAO Group intends to continue its action plan focusing on accelerating international development and maintaining strong investment in R&D, while still preserving a high level of profitability.
* The consolidated financial statements were approved by the Board of Directors on 21 October 2015 and will be submitted for approval to the Annual Shareholders' Meeting.
** Operational profitability: operating income / turnover
*** Net profitability: net income / turnover
ABOUT THE IGE+XAO GROUP
For over 29 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 388 people around the world at 32 sites and in 21 countries, and has more than 83,000 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
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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
