AXIS Interim Report January-June 2003

Continued restrained market

• Group net sales for the six-month period amounted to SEK 305 M (335).

• Operating loss amounted to SEK 4 M (profit: 18).

• Profit after tax totaled SEK 3 M (16).

• Profit per share amounted to SEK 0.05 (0.23)

• Continued sales growth in the Video product area

• Long-term profit and growth targets revised

Further information is available from:
The CEO, Ray Mauritsson, tel: +46-46 272 18 00, the CFO, Jörgen Lindquist,
tel: +46-46 272 18 00, or Anne Rhenman, Director, Investor Relations & Corporate Communications, tel: +46-708 90 18 29, e-mail: anne.rhenman@axis.com

The full 2nd Quarter report can be downloaded from the following link:
AXIS Interim Report January–June 2003

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