Half-year report January-June 2009

Lund, 2009-Jul-08
This content is available in the following languages: English, Swedish

No change in sales trends

• Net sales during the period amounted to SEK 1,074 M (931), and to SEK 542 M (494) for the second quarter
• Operating profit during the period totaled SEK 93 M (160), and SEK 46 (92) M for the second quarter
• Profit before tax during the period amounted to SEK 92 M (160), and to SEK 46 M (92) for the second quarter
• Profit after tax during the period totaled SEK 67 M (113), and SEK 34 M (64) for the second quarter
• Earnings per share during the first half year amounted to SEK 0.96 (1.64)

“As previously communicated, we expect the lower activity on the market, in the weak market conditions, to remain at a relatively stable level. This means that Axis’ sales level on each market was essentially unchanged during the second quarter compared with the beginning of the year.
We see a comparatively improved trend during the second quarter in the Americas region and in the Asia region like during the first quarter of the year. The EMEA region, like the beginning of the year displayed a comparatively weaker trend.
Axis’ marketing activity was intensive during the period and the high rate of release of new products continued. Recruitment of personnel continued during the second quarter, but now at a significantly lower rate than at the end of 2008 and the beginning of 2009. “
Ray Mauritsson, President

The slide presentation is available on: www.axis.com/corporate/investor/interim_report.htm

Invitation to telephone conference
Time: Wednesday, July 8, at 10 a.m. CET.
To join the conference: Dial: + 46 (0)8 50 52 0110
Access code: Axis Communications
Axis AB participants: Ray Mauritsson, CEO and Fredrik Sjöstrand, CFO.
A recorded version of the presentation will be available for five working days on:
+46 (0)8 5052 0333, Access Code: 83 84 91

About Axis Communications
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 Swedish-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 OMX Nordic Exchange, under the ticker AXIS. For more information about Axis, please visit our website at www.axis.com.