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 quarterIn euros20202019Change Turnover for the 1st half year (from 1st January to 30th June)15,845,46217,223,966-8.0% Turnover for the 3rd quarter (from 1st July to 30th September)8,091,1478,132,508-0.5% Turnover over 9 months (from 1st January to 30th September)23,936,60925,356,474-5.6% 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 GroupFor 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 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 Attachment * 200930_CAT3_Comm_FR_201013_ang_def
Source URL: Read More
The public content above was dynamically discovered – by graded relevancy to this site’s keyword domain name. Such discovery was by systematic attempts to filter for “Creative Commons“ re-use licensing and/or by Press Release distributions. “Source URL” states the content’s owner and/or publisher. When possible, this site references the content above to generate its value-add, the dynamic sentimental analysis below, which allows us to research global sentiments across a multitude of topics related to this site’s specific keyword domain name. Additionally, when possible, this site references the content above to provide on-demand (multilingual) translations and/or to power its “Read Article to Me” feature, which reads the content aloud to visitors. Where applicable, this site also auto-generates a “References” section, which appends the content above by listing all mentioned links. Views expressed in the content above are solely those of the author(s). We do not endorse, offer to sell, promote, recommend, or, otherwise, make any statement about the content above. We reference the content above for your “reading” entertainment purposes only. Review “DMCA & Terms”, at the bottom of this site, for terms of your access and use as well as for applicable DMCA take-down request.