IGE+XAO: Activity up 6.5%
04 Mai 2021 - 05:45PM
IGE+XAO: Activity up 6.5%
Toulouse, IGE+XAO Group
announces:
Consolidated turnover for 1st quarter 2021 (in
IFRS norms).
(Period from 1 January 2021 to 31 March
2021).
Activity up 6.5%
Over the 1st quarter of 2021, consolidated
turnover for IGE+XAO is 8,815,708 euros, up 6.5% compared to 2020.
After a year marked by the Covid-19 health crisis, perpetual
licence sales and training services showed renewed growth while
subscription sales continue the acceleration that started in 2020
with an increase of over 18%.
Over the period, the Group launched two new
versions of its SEE Electrical Expert software, the Group's
flagship software for designing electrical installations and SEE
Electrical 3D Panel+, dedicated to designing and manufacturing in
3D all types of electrical cabinets.
From a financial standpoint, the Group has a
solid structure with, at 31 December 2020, an equity of 49 million
euros, no bank debt and a cash flow of over 49 million euros.
Moreover, the Combined Annual General Meeting of 26 April 2021
decided to allocate the results for the 2020 financial period to
the retained earnings account and to not distribute any
dividends.
About the IGE+XAO Group
For over 35 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 30 sites and in 20 countries, and has more than 96,455
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 contacts
IGE+XAO Group, 16 boulevard Déodat de Séverac –
CS 90 312 – 31 773 COLOMIERS CEDEX
Phone: +33 (0)5 62 74 36 36 – Fax: +33 (0)5 62
74 36 37
Website: www.ige-xao.com
Listed on Euronext Paris – Compartment B – Index
CAC All shares® – ISIN FR 0000030827
Analysts/Investors: 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