Axis: Interim report January - September 2013

Lund, 2013-Oct-17
This content is available in the following languages: English, Swedish

The third quarter

  • Net sales increased by 23 percent during the third quarter to SEK 1,322 M (1,079). Net sales increased by 27 percent in local currencies.

  • Operating profit increased to SEK 258 M (168), which corresponds to an operating margin of 19.5 percent (15.6)

  • Profit after tax amounted to SEK 200 M (120)

  • Earnings per share amounted to SEK 2.88 (1.72)



January - September
  • Net sales increased by 14 percent during the period to SEK 3,418 M (3,004). Net sales increased by 19 percent in local currencies

  • Operating profit increased to SEK 474 M (369), which corresponds to an operating margin of 13.9 percent (12.3)

  • Profit after tax amounted to SEK 362 M (264)

  • Earnings per share amounted to SEK 5.21 (3.81)



A strong quarter
”A good performance in all three regions contributed to sales growth of 23 percent during the third quarter. The period was characterized by very strong growth in Asia and EMEA, while demand in the Americas remains stable.

In September, an access control system was presented on the market. By combining our technical know-how and strong partner network, we are now broadening our offer within network solutions. The release will initially take place in the US but the product will be introduced in other markets in the future.

During the period, we continued to note a stable trend in the number of new project inquiries. We estimate that the underlying demand is in line with previous quarters”.
Ray Mauritsson, President

The full report and slide presentation is available on: www.axis.com/corporate/investor/financial_reports.htm

Invitation to telephone conference
Time: Thursday, October 17 at 10 a.m.
Phone number: + 46 (0)8-505 564 81
Participants from Axis AB will be: Ray Mauritsson, President, and Fredrik Sjöstrand, CFO.
The presentation will be webcasted live at: http://financialhearings.nu/131017/axiscommunications

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 October 17, 2013.


About Axis
As the market leader in network video, Axis is leading the way to a smarter, safer, more secure world - driving the shift from analog to digital video surveillance. Offering network video solutions for professional installations, Axis' products and solutions are based on an innovative, open technology platform.

Axis has more than 1,400 dedicated employees in 40 locations around the world and cooperates with partners covering 179 countries. Founded in 1984, Axis is a Sweden-based IT company listed on NASDAQ OMX Stockholm under the ticker AXIS. For more information about Axis, please visit our website: www.axis.com.