Store Electronic Systems Société Anonyme announced sales results for the fourth quarter, second semester and full year ended December 31, 2012. For the quarter, sales were EUR 17.5 million against EUR 16.0 million for the same period a year ago.

For the second semester, sales were EUR 32.2 million against EUR 30.7 million for the same period a year ago.

For the year, sales were EUR 63.0 million against EUR 58.9 million for the same period a year ago.

Store Electronic Systems Société Anonyme is revising its previous forecast of higher second half profitability versus the first half. Indeed, despite the absence of the exceptional expenses that affected first half results, the company's profitability remained under pressure in the second half because of substantial pricing pressure and the acceleration of the international expansion and the operational improvement plans.