PR Newswire/Les Echos/
? 2008 third-quarter sales: + 0.4
%
6 November 2008
Revenue in the 2008 third quarter expanded 0.4%.The B-to-C division experienced
a 5.8% drop in revenue in the quarter from the downturn in construction and
renovation in the real estate market. The B-to-B division achieved growth of 4.1
% through its portfolio of major accounts and the success of new products.
€ millions 2008 2007 Change
First quarter 43.65 41.54 + 5.1%
Second quarter 43.38 39.73 + 9.2%
Third quarter B-to-B 24.44 23.47 + 4.1 %
B-to-C 13.57 14.40 - 5.8 %
Total 38.01 37.87 +0.4%
Nine months B-to-B 79.51 73.47 + 8.2 %
B-to-C 45.53 45.67 - 0.3 %
Total 125.04 119.14 +4.9 %
For the first nine months, consolidated revenue expanded almost 5%. Sales from
international operations remained steady, increasing to 66% of total revenue at
the end of September 2008.
Outlook
Based on these trends and considering the economic situation, Sécuridev
anticipate an annual sales growth of 3%, current operating income in line with
last year's level and positive net cash at year-end (excluding the share
buyback program in progress).
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.
?
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