Growth continues at IGE+XAO
An
IGE+XAO UK product story
Edited by the Engineeringtalk editorial team
Mar 17, 2006
In the second quarter of 2005-06 IGE+XAO recorded sustained growth in its business with a turnover of Eur 5,359,509 - an increase of 8% compared with the same period during 2004-05.
In the second quarter of 2005-06 IGE+XAO recorded sustained growth in its business with a turnover of Eur 5,359,509 - an increase of 8% compared with the same period during 2004-05.
The first six months of the fiscal year mark a new phase in the development of the IGE+XAO Group, notably with the creation of a marketing subsidiary in the USA (Dallas), the opening of a representative office in China (Nanjing) and other new marketing opportunities.
At the same time, the group has simplified its functional organisation by the takeover by the quoted company IGE+XAO of its two financial holdings Financelec and Caouec Investments.
Moreover, during the same period, the efforts of the IGE+XAO Group in terms of the development and quality of its financial information reporting have been recognised by its nomination for the "Midcaps Trophy" and for the awards of the "Prix 2006 de l'Information Financiere" and of the "Septuors" for its international development.
Finally, the Group Board has confirmed its expectation of the continuing growth and net profitability which attained 8.5% in 2005.
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Tel +44 114 273 1155
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