Toulouse, 14 December 2012, the IGE+XAO Group announces:
Consolidated turnover for 1st quarter of 2012/2013 (in IFRS norms)
Turnover up 5%
IGE+XAO has turnover for the first quarter of 2012/2013 up 5% standing at 5,356,297 euros compared to 5,102,466 euros one year ago. The activity had good performance in particular in the American and Northern Europe markets.
In light of this good dynamic, the Group, now with locations at 26 sites in 17 countries, has decided to consolidate its positioning internationally, by strengthening its presence on the American and Asian continents.
From a technical standpoint and with the continued momentum of the 2011/2012 financial period, IGE+XAO is continuing its efforts by focussing, on the one hand, on accelerating the deployment of the Electrical PLM (Product Lifecycle Management) offerings in order to cover demand in the aeronautics, space and transport fields and, on the other hand, on improving the performance of its most widely distributed software: SEE Electrical Expert and SEE Electrical.
Finally, in this period of economic tension, the Group remains confident for the future with its solid fundamentals that include a diversified and international clientele, high profitability and 22 million euros in equity.
ABOUT THE IGE+XAO GROUP:
For over 26 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 371 employees spread out in 26 locations and 17 countries. With more than 67,400 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 NYSE Euronext Paris - Compartiment C - ISIN FR 0000030827
Analysts/ Investors contact: Alain Di Crescenzo (Chairman of the Group): +33 (0)5 62 74 36 36
