Axis: Half-year report January - June 2013
The second quarter
- Net sales increased by 7 percent during the second quarter to SEK 1,114 M (1,044).
Net sales increased by 12 percent in local currencies. - Operating profit increased to SEK 127 M (121), which corresponds to an operating margin of 11.4 percent (11.6).
- Profit after tax amounted to SEK 96 M (88).
- Earnings per share amounted to SEK 1.38 (1.26).
The first half-year
- Net sales increased by 9 percent during the period to SEK 2,096 M (1,925).
Net sales increased by 14 percent in local currencies. - Operating profit increased to SEK 216 M (200), which corresponds to an operating margin of 10.3 percent (10.4).
- Profit after tax amounted to SEK 162 M (145).
- Earnings per share amounted to SEK 2.33 (2.08).
Continued global market leader
“Sales in the second quarter amounted to SEK 1,114 M. During the period, the key North American market in particular continued to display a strong performance.
In May, IHS published its annual report on the video surveillance market. We are proud, just like last year, to be ranked as global market leader in both the “Network Cameras” and “Security Cameras” categories. For the first time, Axis is now also ranked as market leader in the “Video Encoders” category.
Recruitment of personnel for the longer term is continuing and above all within R&D and the sales organization. Investments in technological development have enabled the release of a number of new and strategically important products and solutions during the period”.
Ray Mauritsson, President
The full report and slide presentation is available on: http://www.axis.com/corporate/investor/financial_reports.htm
Invitation to telephone conference
Time: Tuesday, July 9 at 10 a.m.
Phone number: + 46 (0)8-505 564 77
Participants from Axis AB will be: Ray Mauritsson, President, and Fredrik Sjöstrand, CFO.
The presentation will be webcasted live at: http://financialhearings.nu/130709/axis/
For more information, please contact:
Johan Lundin, Manager, Investor Relations
Telephone: + 46 (0)46-272 18 00, E-mail: IR@axis.com.
The information in this interim report is such that Axis is required to disclose in accordance with the Securities Market Act. Submitted for publication at 08.00 a.m. (CET) on July 9, 2013.