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Axis Communications today announces that the company will report a strong close to 2009 with interim net sales of SEK 2,300 million and an interim operating profit of SEK 308 million. Axis will thus present earnings that are significantly better than the market’s expectations.
The strong close to the year is due to a generally good inflow of orders as well as conclusion of deals relating to previously deferred projects. The feared component shortage which was communicated previously had no significant impact on Axis’ delivery capacity during the end of 2009.
The beginning of 2010 is difficult to assess on account of possible supply disruptions due to component shortages and the generally uncertain market trend.
Axis AB’s year-end report will be released on Wednesday, February 3 at approx. 8 a.m. Presentation slides will be available on http://www.axis.com/corporate/investor/interim_report.htm A teleconference will be held; Time: Wednesday, February 3 at 10 a.m. Phone number: +46 (0)8 5052 0114 Specify: Axis Communications Participants from Axis AB are: Ray Mauritsson, President and Fredrik Sjöstrand, CFO.
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