Axis AB: Interim report January-March 2005

Continued growth within Video

• Net sales amounted during the period to SEK 175 M (152). • Operating profit amounted to SEK 14 M (loss: 5). • Profit before tax was SEK 14 M (loss: 5). • Profit after tax totaled SEK 12 M (loss: 4). • Earnings per share amounted to SEK 0.18 (loss: 0.05). "The positive growth for Axis' Video product area continued in the first quarter of 2005. Growth was 35% compared with the corresponding period a year earlier. Video products accounted for 75% of the SEK 175 M in total sales. The Print product area reported a weak performance, despite the positive effect of strong OEM sales in Asia." Ray Mauritsson, CEO, Axis. The full report including tables can be downloaded from the following link: www.axis.com/corporate/investor/financial_reports.htm