IGE+XAO: A favourable first quarter
17 Avril 2019 - 05:45PM
IGE+XAO: A favourable first quarter
Toulouse, IGE+XAO Group announces:Consolidated
turnover for 1st quarter 2019 (in IFRS norms).(Period from 1
January 2019 to 31 March 2019).
A favourable first quarter
Consolidated turnover for IGE+XAO over the 1st
quarter of 2019 stands at 8,516,319 euros, up 7.3% compared to
2018. This sharp increase is the result of both the sustained
activity of SME/SMI sales in France as well as abroad and the good
resistance of Major Accounts sales.
Like commercial activity, the beginning of this
period was particularly dynamic from a technical standpoint, with
in particular the achievement of significant developments
concerning the future versions of the SEE Electrical PLM
(Management of the life cycle of electrical facilities), SEE
Electrical Expert (Computer Aided Design software dedicated to
electricity) and SEE Electrical 3D Panel+ (Design and manufacture
of electrical cabinets in 3D) software. In addition, substantial
efforts were deployed in the area of Cloud technology.
From a financial standpoint, the Group is
solidly structured with, at 31 December 2018, equity of 37 million
euros, almost no bank debt and a cash flow of over 33 million
euros. Backed with its results and its solid fundamentals, the
Group intends to pursue its development plan while still retaining
a high level of profitability.
In this context, the Combined Annual General
Meeting of 12 April 2019 approved the distribution of a dividend of
1.55 euros per share effective 18 April 2019.
About the IGE+XAO GroupFor over
32 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 companies 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 employs 360 people around the world in
30 sites and in 20 countries, and has more than 91,610 licenses
distributed around the world. IGE+XAO is a key player in its field.
For more information: http://www.ige-xao.com. Follow us on Twitter
@igexao_corpo.
IGE+XAO Group contactsIGE+XAO
Group, 16 boulevard Déodat de Séverac – CS 90 312 – 31 773
COLOMIERS CEDEXPhone: +33 (0)5 62 74 36 36 – Fax: +33 (0)5 62 74 36
37 Website: www.ige-xao.comListed on Euronext Paris – Compartment B
– CAC Mid & Small® Index – ISIN FR
0000030827Analysts/Investors: Alain Di Crescenzo (Chairman of the
Group) +33 (0)5 62 74 36 36Press Contact: Rozenn
Nerrand-Destouches: +33 (0) 5 62 74 36 02
- 190416_CAT1_Comm_V7_def_ang