2009
first-quarter sales: €36 million
6
May 2009
The Group had net sales of €36 million in the 2009 first quarter
compared with €43.65 million for the same period last year, declining 17.5%.
This contraction reflects the impact of the severe economic downturn on activity
in the first months of 2009 though was in line with trends anticipated by the
Group.
This performance must also be analyzed in relation to the particularly
robust sales by the Group in the first quarter of 2008.
In millions of euros 2007 2008 2009 Change
1st
quarter B-to-B division 25.51 27.51 23.89 -
13.2 %
B-to-C
division 16.03 16.14 12.11 -
25.0 %
Total 41.53 43.65 36.00 -17.5 %
Sales from international operations accounted for approximately 62.5% of
total revenue for the period.
Outlook
For fiscal 2009, in the current economic environment, the Group
anticipates a contraction in full year sales of approximately 15%.
The Group's financial position remains solid.
Securidev is implementing appropriate measures to adapt its costs to the
challenging economic environment in
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.