2008 net sales: +1.6 %

 

5 February 2009

 

 

Annual sales in fiscal 2008 ended up, increasing marginally 1.6% to €163.43 million compared with €160.92 million in the prior year.

The B-to-B division achieved 4.3% growth in revenue to €105.12 million through its portfolio of major accounts and the success of new products. This division now accounts for 64% of consolidated sales.

The B-to-C division had revenue of €58.31 million, contracting 3.1% on a downturn in construction and renovation reflecting turmoil in property markets.

 

€ millions                                                       2008              2007           Change

First quarter                                                  43.65             41.54             +5.1%

Second quarter                                           43.38             39.73             +9.2%

Third quarter                                                38.01             37.87             +0.4%

Fourth quarter                                             38.39             41.78             -8.1%

                  Total                                          163.43           160.92           +1.6 %

 

Sales from international operations remained steady for the full year at 66% of total revenue compared with 65 % in 2007.

Zone de Texte:

 

Securidev will publish its consolidated results for fiscal 2008 on 20 March 2009.

 

 

 

Complete information about Securidev is available at www.securidev.com

 

ISIN FR0000052839 - Reuters SECF.PA – Bloomberg SEC

Euronext Paris – compartment C

 

 

 

 

 

Contacts:

Securidev                     Pierre-Paul Fini          Tel: +33 (0)1 46 22 09 00

      Asset Com                   Laurence Costes       Tel: +33 (0)1 41 22 90 95

Securidev is a leading European specialist in locking systems and equipment with three core businesses: access control systems, locking devices for equipment and building locking systems.