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Product category: Electrical design software
News Release from: IGE+XAO UK
Edited by the Engineeringtalk Editorial Team on 16 June 2006

Growth continues through third quarter

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In the third quarter of 2005-06, IGE/XAO reports growth in its business with a turnover of Eur 4,879,852, representing an 8% increase over 2004/2005.

In the third quarter of 2005-06, IGE/XAO reports growth in its business with a turnover of Eur 4,879,852, representing an 8% increase over 2004/2005 For the first nine months of fiscal 2005-06, turnover rose to Eur 14,328,183, an increase of 6.5% compared with 2004-05

In its business plan, the third quarter has been particularly dynamic with strong activity in the international market and in the negotiation of strategic partnerships which should be announced before 31st July 2006.

The Board of Directors of the Group has confirmed its growth forecast regarding both the business and the profitability which achieved 8.5% of turnover in 2004-05.

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