INTERIM REPORT JANUARY-JUNE 2009


INTERIM REPORT JANUARY-JUNE 2009 

Sales increased by 5 percent to MSEK 3,919 (3,744) and the organic sales growth
amounted to         -10 percent (5).
Sales of services increased by 15 percent to MSEK 1,653 (1,440).
Operating income (EBIT) increased by 24 percent and amounted to MSEK 273 (221),
which resulted in an operating margin (EBIT) of 7.0 percent (5.9). 
Income before tax increased by 53 percent to MSEK 255 (167). Foreign exchange
rate effects impacted financial net by MSEK 13 (-7).
Net income increased by 54 percent to MSEK 178 (116) and earnings per share
increased to           SEK 0.49 (0.32).
The operating cash flow amounted to MSEK 370 (372).

COMMENTS FROM THE CEO, JUAN VALLEJO
During the second quarter we saw a continued weak market which was characterized
by price pressure.  Our efforts to further develop the service offering are
continuing and sales of services have increased by 15 percent during the period,
which impacted the gross margin positively. The restructuring program that
commenced during the fourth quarter 2008 is working better than expected.
Employee-related costs of a non-recurring nature corresponding to MSEK 13 were
charged during the second quarter in order to further improve operational
efficiency and to adapt capacity and costs to prevailing market conditions.
Annual savings from all measures initiated are expected to amount to
approximately  MSEK 400. Niscayah prioritizes margins and stable cash flows.

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 July 29, 2009 at 08.30.



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