PR Newswire/Les Echos/
 
                          ?                                        SATISFACTORY RESULTS
                                       FOR THE 2008 FIRST-HALF
                                                            25 September 2008

The Board of Directors' meeting held on 25 September 2007 approved the interim 
financial statements for the six-month period ended 30 June 2008.

     € millions                                      H1 07            H1 08         Change
    Sales                                            81.30             87.04           +7%
    Gross margin (%)                                 71.0%             70.5%       -0.5 pts
    Current operating income                         6.80              8.71           +28%
       As % of sales                                 8.4%             10.1%
    Operating profit                                 6.52              7.93           +22%
    Net financial expense                           (0.63)            (0.28)          - 55%
    Net income before minority
    interests                                        4.13              5.31           +28%
    Net income                                       4.01              5.41           +35%
       As % of sales                                 4.9%              6.2%


Consolidated net sales grew 7% in the 2008 first half, sustained by the 
expansion of international operations that accounted for 65% of total revenue.
The B-to-B division performed well with sales advancing 10% while the B-to-C 
division, adversely affected by the downturn in construction and renovation in 
the real estate market, grew 2%.

Earnings growth
In the 2008 first half, current operating income expanded 28% to €8.71 million 
compared with €6.80 million for the equivalent prior-year period. Net income 
grew 25% to €5.41 million.
Operating cash flows increased to €9.07 million from €7.68 million at 30 June 
2007.
Finally at 30 June 2008, the Group's gearing declined to 7% from 29% at the end 
of last year's first half.

Outlook
For the full year, given the deteriorating economic environment, Sécuridev 
anticipates growth in sales of 4% and current operating income in line with the 
level achieved in 2007.



     The presentation of Sécuridev results can be consulted at the website www.
securidev.com

Press release: 2008 third-quarter sales - November, 7th 2008

ISIN FR0000052839 - Reuters SECF.PA - Bloomberg SEC

Contacts :
   SECURIDEV                   Pierre -Paul Fini       Tel: +33 (0)1 46 22 09 00
   Asset Com                   Laurence Costes         Tel: +33 (0)1 45 53 10 55
Sécuridev 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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