Trading Update: Interim business progress report

Brussels – 19 May 2014 - In the first quarter, sales by the Goods ID Division linked to its 6 key solutions continued to grow. The ZetesMedea solution (optimization of warehouse processes) is proving the most successful to date, although the other 5 solutions also have high profile references. 

Personalization of Belgian passports by the People ID division began in May, as expected. At the same time, the teams in charge of voter enrolment projects in Africa were busy with various additional projects, including the delivery of enrolment kits in Uganda. Management expects the division’s results to show a significant improvement on the first half of 2013. 

In summary, 2014 began favourably for both the Goods ID division - where the positive impact of solution standardization continues to grow - and for the People ID division - with a combination of long and shorter term contracts. For the year as a whole, Zetes reaffirms its expectation to achieve significantly better results in 2014 than in 2013. 

Financial calendar:
• Ordinary General Meeting: 28 May 2014
• Ex-dividend date: 02 June 2014
• Dividend payment date 05 June 2014
• Publication of half-year results: 29 August 2014

- END -