Paris
2006 consolidated
results
million- IFRS 2005 2006 Change
Sales 100.8 150.0 +49%
Gross margin (as % of sales) 67% 72%
Current operating income 6.53 12.38 +90%
As % of sales 6.5% 8.3%
Operating profit 5.26 13.80
(1) +162%
As % of sales 5.2% 9.20%
Net income before
minority interests 3.15 9.08 +188%
Net income 2.80 8.75 +212%
As % of sales 2.8% 5.8%
Operating cash flow
7.1 12.7 +79%
(1)
Including capital gains
from the sale of property (1.55 million net of tax)
Finalization of the DOM
acquisition
In 2006 the acquisition of the German company DOM was finalized.
Group sales for the fiscal year advanced 49% to 150 million. DOM
contributed 54.7 million to this total. Sales from other subsidiaries grew 2.8%
Strong earnings growth
Current operating income totalled 12.38 million compared with 6.53
million in 2005. Contributions by subsidiaries excluding DOM accounted for
0.89 million of this increase.
Net income totalled 8.75 million compared with 2.80 million in 2005
corresponding to 3.36 per share.
Operating cash flow rose to 12.7 million or 6.10 per share.
At 31 December 2006, net financial debt was 17.9 million compared with
31.5 million at the end of 2005. Gearing declined in consequence from 71% at
2005 year-end to 33% at the end of 2006.
2006 dividend
The Board of Directors will ask the general meeting to be held on 22 May
2007 at 11:00 a.m. at the H๔tel Rapha๋l, 17 avenue Kl้ber 75116 Paris, to approve
a net dividend of 0.42 per share.
Upcoming events: 2007 first-quarter sales, 27 April 2007
A
presentation of results may be consulted at www.securidev.com
Eurolist
Compartment C - ISIN FR0000052839 - Reuters SECF.PA Bloomberg SEC
Contacts:
Securidev Gilles Bertaux Tel: +33 (0) 1 46 22 09
00
Asset Com Laurence Costes Tel: +33 (0) 1 45 53 10 55
Securidev is a leading
specialist in locking systems and equipment with strong positions in the
European security market