Axis Year- end report 2010
Net sales during the year amounted to SEK 2,933 M (2,301),
and sales amounted to SEK 875 M (659) for the fourth quarter.
Operating profit for the year totaled SEK 415 M (308),
and operating profit totaled SEK 125 M (121) during the fourth quarter.
Profit before tax for the year amounted to SEK 413 M (307),
and profit before tax amounted to SEK 125 M (120) for the fourth quarter.
Profit after tax during the year totaled SEK 300 M (218),
and profit after tax totaled SEK 90 M (85) during the fourth quarter.
Earnings per share for the year amounted to SEK 4.32 (3.14).
The board of directors proposes a dividend of SEK 4.50 of which SEK 3.00 represents an extra dividend (SEK 4.00 of which SEK 2.75 extra dividend).
“Axis reports a strong close to 2010 with net sales of SEK 2,933 M (2,301). Continued high demand for Axis products on all markets, a good inventory position and high availability of Axis’ network video products contributed to the strong close. Growth amounted to 40 percent in local currencies during the fourth quarter. Axis estimates that its growth was faster than the market. The company has thus strengthened its position as the market-leading supplier of network video products. There has been considerable interest in all regions for installations of surveillance equipment within retail, city surveillance and the transport sector.
Axis strengthened its patent portfolio after the end of the period through acquisition of about twenty patents relating to network cameras.
During the year Axis continued its global expansion and the company had 914 employees (774) at year-end.”
Ray Mauritsson, President
Invitation to telephone conference
Time: 3 February at 10 a.m.
Phone number: +46 (0)8 505 201 14
Specify Axis Communications.
Axis AB participants: Ray Mauritsson, CEO and Fredrik Sjöstrand, CFO.
The report and a slide presentation will be available at: http://www.axis.com/corporate/investor/interim_report.htm
A recorded version of the presentation will be available for five working days on:
+46 (0) 850520333, Access Code: 885532
For further information, please contact: Margareta Lantz, Manager IR&Corporate Communications, Axis Communications Phone: + 46 46 272 18 00, E-mail: pressoffice@axis.com
About Axis Axis is an IT company offering network video solutions for professional installations. The company is the global market leader in network video, driving the ongoing shift from analog to digital video surveillance. Axis products and solutions focus on security surveillance and remote monitoring, and are based on innovative, open technology platforms. Axis is a Sweden-based company, operating worldwide with offices in more than 20 countries and cooperating with partners in more than 70 countries. Founded in 1984, Axis is listed on the NASDAQ OMX Nordic, under the ticker AXIS. For more information about Axis, please visit our website at www.axis.com
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