IGE+XAO: A resilient 3rd quarter
13 Octobre 2020 - 5:45PM
IGE+XAO: A resilient 3rd quarter
Toulouse, IGE+XAO Group announces:Consolidated
turnover for 3rd quarter 2020 (in IFRS norms).(Period from 1
January 2020 to 30 September
2020).
A resilient 3rd quarter
In euros |
2020 |
2019 |
Change |
Turnover for the 1st half year (from 1st January
to 30th June) |
15,845,462 |
17,223,966 |
-8.0% |
Turnover for the 3rd quarter(from 1st July to 30th
September) |
8,091,147 |
8,132,508 |
-0.5% |
Turnover over 9 months(from 1st January to 30th
September) |
23,936,609 |
25,356,474 |
-5.6% |
Over the 3rd quarter of 2020, consolidated
turnover for IGE+XAO is 8,091,147 euros, a level which is
comparable to that of the previous financial period (-0.5%). In a
context that is still highly marked by the health crisis, this good
trend is mainly the result of the momentum in Major Accounts
combined with good resistance in SME/SMI activities although the
sales model via subscriptions is accelerating. Over the first nine
months, turnover reached 23,936,609 euros.
From an R&D and product standpoint, and
despite the Covid19 crisis, substantial efforts continue to be
deployed on the integration of new technologies, in particular
concerning the Cloud and 3D modelling. In parallel, the Group is
preparing the launching of major versions of its flagship software,
SEE Electrical and SEE Electrical Expert.
While remaining attentive to the changes in the
economic and health situation, IGE+XAO, backed with its results and
its solid fundamentals, intends to continue its market plan
focussing on accelerating international development, strong R&D
investment et a high level of profitability.
About the IGE+XAO Group
For over 34 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 more than 370 people around
the world in 31 sites and in 20 countries, and has more than 93,840
licenses distributed around the world. IGE+XAO is a reference 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
– Index CAC All shares® – 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
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