2009 first-half sales: €69.3 million

 

15 July 2009

 

 

In millions of euros                     30 06 08            30 06 09          Change

First quarter                                   43.65                36.00               -17.5%

Second quarter                            43.38                33.32               -23.2%

Total                                             87.03                69.32               -20.3%

 

Sales highlights by division

In millions of euros                     30 06 08            30 06 09          Change

B-to-B division                               55.07                45.94               -16.6%

B-to-C division                              31.96                23.38               -26.8%

Total                                             87.03                69.32               -20.3%

 

The economic environment of the building sector continued to deteriorate in the second quarter. Reflecting the impact of this trend, Secuiridev's sales contracted 23.2%.

For the full first six months Group sales declined 20% from the same period in 2008 that was marked by sustained growth overall.

Securidev has taken appropriate measures to adapt its costs to the difficult conditions of Europe’s current economic environment.

 

Outlook

For the 2009 full year and in light of current trends, the Group anticipates a contraction in annual sales of 20%

 

Upcoming events:                   Publication of 2009 first-half results

                                                24 September 2009 (after the close of the Paris stock market)

 

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.