INTERIM REPORT JANUARY-MARCH 2009

INTERIM REPORT JANUARY-MARCH 2009 

 	Sales increased by 11 percent to MSEK 2,002 (1,798) and the organic sales
growth amounted to        -6 percent (5).
 	Sales of services increased by 19 percent to MSEK 833 (699).
 	Operating income (EBIT) increased by 32 percent and amounted to MSEK 131 (99),
which resulted in an operating margin (EBIT) of 6.6 percent (5.5). 
 	Income before tax increased by 95 percent to MSEK 122 (62). Foreign exchange
rate effects impacted financial net by MSEK 10 (-9).
 	Net income increased by 94 percent to MSEK 84 (43) and earnings per share
increased to SEK 0.23 (0.12).
 	The operating cash flow increased by 44 percent and amounted to MSEK 241
(167).

COMMENTS FROM THE CEO, JUAN VALLEJO
During the first quarter we saw increased sales compared with last year,
primarily due to a weaker Swedish krona. The market continues to be weak and is
characterized by price pressure. The restructuring program that commenced during
the fourth quarter 2008 is proceeding as planned and has contributed to reducing
costs which to a large extent has countered the decreased demand. 
The US/UK/Ireland segment displayed a result which was below our expectations
and the market has weakened further during the quarter. We are continuing to
reduce costs in line with the weakening market, while at the same time, we are
intensifying the work on developing our service offering.  
The focus ahead lies on further developing the service offering and thereby
prioritizing margins, improving operational efficiency and generating a stable
cash flow. 


Press conference
A press conference will be held at Niscayah's head office at Lindhagensplan 70
in Stockholm on May 12, at 10.30 a.m., CET. To follow the press conference by
telephone (and ask questions), please call:
Sweden: +46 (0) 8 50 520 270
UK: +44 (0) 208 817 9301 
US: +1 718 354 1226

For further information please contact:
Juan Vallejo, CEO and President	 +46 10 458 8000
Håkan Gustavson, CFO	 +46 10 458 8000
Else Trägårdh, Investor Relations	 +46 10 458 8080


Niscayah Group AB (publ.) is a world leading security partner offering complete
security solutions for clients with high security demands within market segments
such as banking and finance, industry, defense, healthcare and retail.
Niscayah's services are based on modern technology and include access control,
video surveillance, intrusion protection and fire alarm systems.
www.niscayah.com


Niscayah Group AB discloses the information provided herein pursuant to the
Swedish Securities Markets Act and/or the Swedish Financial Instruments Trading
Act. This information was submitted for publication on May 12, 2009 at 08.30.