2008 first half sales: +7 %

 

24 July 2008

 

 

Securidev had consolidated sales in the 2008 first half of €86.9 million compared with €81.3 million in the same period last year, up 7%. This growth was driven by the good performance of the B-to-B division that remained in line with targets.

 

In millions of euros                     30 06 08            30 06 07          Change

B-to-B division                               55.01                50.00                +10 %

B-to-C division                              31.94                31.28                +2 %

Total                                             86.96                81.28                +7 %

 

-          B-to-B: sales of this division overall remained sustained, benefiting from the positive impact of the launch of new products and contributions from major accounts;

-          B-to-C: this division registered growth of 2% in the first half despite the downturn in construction and renovation in the real estate market.

 

Sales from international operations accounted for 65% of total revenue.

 

Based on these trends, management considers the target for annual sales growth in the range of 5% as reasonable.

 

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: 01 46 22 09 00

      Asset Com                   Laurence Costes       Tel: 01 45 53 10 55

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.