YEAR-END REPORT JANUARY-DECEMBER 2009

YEAR-END REPORT JANUARY-DECEMBER 2009 

Sales amounted to MSEK 7,621 (8,009), of which the organic sales growth amounted
to -12 percent (3). 
 	Sales of services increased by 7 percent to MSEK 3,286 (3,070), of which the
organic growth of services amounted to -1 percent (4). 
 	Non-recurring costs amounted to MSEK 103¹, of which MSEK 90 were during the
fourth quarter.
 	Operating income (EBIT) amounted to MSEK 493 (537²), corresponding to an
operating margin (EBIT) of 6.5 percent (6.7). 
 	Income before tax amounted to MSEK 460 (-366). 
 	Net income amounted to MSEK 320 (-440) and earnings per share amounted to SEK
0.87 (-1.21).
 	The operating cash flow amounted to MSEK 912 (687).
 	The Board of Directors proposes a dividend of SEK 0.30 (0.30) per share.

¹Throughout the report, items for 2009 have not been adjusted for non-recurring
costs.
²Operating income (EBIT) for 2008 before costs of the restructuring program
(MSEK 275) and impairment losses of goodwill (MSEK 490) is referred to
throughout the report, unless otherwise stated.

COMMENTS FROM THE CEO, JUAN VALLEJO
The year was characterized by a weak market situation with low demand and a high
degree of price competition. The restructuring program initiated during 2008
countered the lower demand to a large extent. As we expect the market situation
to remain weak we have initiated additional efficiency enhancing measures in the
fourth quarter, which are expected to deliver annual savings of approximately
MSEK 75 from the third quarter 2010. The operating cash flow strengthened during
the year and amounted to MSEK 912, an increase of MSEK 225 compared with 2008.
We have had stable underlying earnings during the year, adjusted for
non-recurring costs. We are continuing to focus on refinement of the service
offering with recurring revenue, while at the same time prioritizing margins
over growth.   

Press conference
A press conference will be held at Niscayah's head office at Lindhagensplan 70
in Stockholm on February 10, 2010 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
Johan Andersson, Investor Relations	+46 702 100 451


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 February 10, 2010 at
08.30 a.m.