Software group achieves healthy financial position
An
IGE+XAO UK product story
Edited by the Engineeringtalk editorial team
Nov 6, 2006
During 2005-06, IGE+XAO consolidated its development with a turnover of Eur 19,698,405 - an increase of 7.2% on the previous fiscal year.
During 2005-06, IGE+XAO entrenched its development with a turnover of Eur 19,698,405 - an increase of 7.2% on the previous fiscal year.
On its plans for profitability, the company's performance is significant with an operating profit rising to Eur 3,107,699 up 20.5% and with the net income reaching Eur 2,052,946 an increase of 17.3%.
The net margin of 10.4% of turnover thus achieved, underwrites the objective between 8% and 10% announced by the Group Board of Directors.
At the same time, IGE+XAO strengthened its financial position with the absence of long-term financial debt, cash-at-bank of Eur 10,193,927 (Eur 8,970,715 in 2004-05), and total shareholders' equities of Eur 11,649,114 (Eur 10,348,618 in 2004-05).
This very healthy financial position gives the group the ability to achieve its commercial and technical development objectives.
In 2005-06, the group increased its international presence with the acquisition of its Swiss distributor Hibatec, the creation of a marketing subsidiary in the USA and the opening of a representative office in China.
Significant commercial agreements have been signed notably with Schneider Electric in June 2006 and Embraer very recently in October 2006.
On the technical plan, IGE+XAO has persuaded a large research and development effort in order to market in particular an integrated programme to manage the life cycle of an electrical installation (PLM).
Finally, and in accordance with IGE+XAO policy, the Board of Directors will propose at the Annual General Meeting, a dividend distribution amounting to Eur 350,800 compared with Eur 315,720 in 2004-05.
Not what you're looking for? Search the site.
Contact IGE+XAO UK
Tel +44 114 273 1155
Other IGE+XAO UK stories
-
SEE software saves design time at CSR Puzhen
CSR Puzhen, a Chinese rolling stock manufacturer, has chosen SEE Electrical Harness software for the design of electrical wire harnesses. -
Software package gets users started with CAD
The IGE+XAO Group has released the launch of SEE Freedom an innovative offer for the Computer-Aided Design (CAD) market. -
CAD package suits harness design
Dedicated symbol libraries and the 2D Harness documentation module help the user save time and provide a quick return on investment. -
System speeds healthcare product design
TTP LabTech selected SEE Electrical, IGE+XAO's package dedicated to the medium to low range of Electrical CAD software applications. -
Software speeds electrical design
SEE Electrical version V4R1 is available in three basic, standard and advanced levels and its upgradeability allows it to evolve in line with customer requirements.
Articles by product category
- Consultancy and Services (903)
- Machine Building (4,517)
-
Engineering Design Software (6,179)
- Engineering Design Software (12)
- 2D CAD software (200)
- 3D CAD software (1,157)
- FEA and structural analysis software (369)
- Fluid, thermal, noise, vibration software (334)
- Simulation, modelling, validation software (914)
- Rendering, visualisation, styling software (196)
- Materials design and moulding design software (151)
- Process, instrumentation, automation software (258)
- Electrical design software (164)
- Publishing and documentation software (229)
- Maths, charting, statistics, QA software (317)
- Data, document management software (310)
- CAM, CNC, production management software (568)
- File conversion software, data capture (351)
- PLM and collaboration software (649)
-
Drives, Motors and Controls (3,361)
- Drives, Motors and Controls (1)
- Precision Motors and Gears (411)
- Industrial Drives/Controls (1,276)
- Linear Drives and Motors (114)
- Industrial Motors (497)
- Stepper and Servo Drives, Motors, Controls (1,060)
- Small Mechanical Components, Joining, Tools (1,975)
-
Control and Instrumentation (5,028)
- Plantwide control (1,324)
- Plant- and Machine-Wide Communications (1,174)
- Smaller-Sized PLCs (387)
- CNC and Motion Controllers (184)
- Mid-range and Large PLCs (201)
- Power Supplies, Uninterruptible Power (562)
- HMIs/Operator Interfaces (294)
- Logic Controllers, Timers and Relays (96)
- Cabling, Conduit, Signal Conditioning (806)
-
Monitoring, Measurement and Quality (5,459)
- Monitoring, Measurement and Quality (1)
- Data acquisition Software and Communications (494)
- Data Acquisition Hardware and PC I/O Boards (472)
- Electrical and Electronic Testing, PAT Equipment (630)
- Form/co-ordinate, optical, vision instruments (703)
- Gauges, Indicators and Instruments (440)
- Data loggers (422)
- Materials testing equipment (421)
- Telecomms/network test equipment, software etc (154)
- Testing and Calibration Services and Information (500)
- Testing, analysing and monitoring equipment (1,222)
-
Electrical and Electronic Equipment Design (4,160)
- Batteries, chargers and circuit protection (555)
- Connectors, Terminals, Busbars, Slip Rings (679)
- Enclosures and Equipment Cooling Fans (709)
- Knobs, Handles and Enclosure Hardware (420)
- PCs and Embedded Systems (798)
- Electrical and Electronic Subassemblies (369)
- Electrical and Electronic Components (630)
-
Materials and Processing (2,963)
- Materials and Processing (5)
- Materials and components (2,215)
- Rapid Prototyping (458)
- Materials processing and testing (285)
-
Engineering Industry News, Resources (6,093)
- Engineering Industry News, Resources (4)
- Engineering Business News, Views (388)
- Engineering Exhibitions, Events (562)
- Engineering Conferences (425)
- Engineering Seminars (400)
- Engineering Industry Developments, Awards (633)
- Engineering Guides, Newsletters (349)
- Engineering Recruitment, Employment (219)
- Engineering Training Courses (433)
- Engineering Education, Resources, Standards (838)
- Engineering Industry Reports, Surveys (597)
- Electronic Resources for Engineers (278)
- Health and Safety Legislation (402)
- Health and Safety Strategy, Risk Assessment (113)
- Health and Safety Consultancy, Software (175)
- Health and Safety Events, Training, News (277)
-
Powertrain Design (3,598)
- Powertrain Design (2)
- Bearings (939)
- Chains and belts (326)
- Gears, brakes, couplings and engines (1,441)
- Hydraulic Components (471)
- Lubricants (418)
-
Capital Equipment (3,387)
- Capital Equipment (1)
- Manufacturing Machinery and Plant Equipment (468)
- Production line blowers and fans (62)
- Compressors and Air Treatment (510)
- Electronics Manufacturing, Tools, Instruments (192)
- Electrical hardware (131)
- Machinery and Production Equipment (1,093)
- Robotics, Handling and Storage (930)
-
Sensors (7,080)
- Sensors (8)
- Accelerometers and Vibration Sensors (427)
- Loadcells, Force Sensors, Torque Sensors (699)
- Pressure sensors (621)
- Flowmeters and Flow Sensors (618)
- Level Sensors and Leak Detectors (527)
- Linear Position Sensors (399)
- Rotary Position, Tilt and Angular Sensors (546)
- Proximity Sensors (700)
- Gas, Chemical, Radiation, Magnetic Sensors (284)
- Humidity and Environmental Sensors (152)
- Temperature sensors (612)
- Vision and Colour Sensors (1,384)
- Barcode Sensors (103)
- Valves, Pumps, Process Hardware (3,623)
