Axis Communications (STO:AXIS)
The fourth quarter
· Net sales increased by 10 percent during the fourth quarter to SEK
1,299 M (1,180). Net sales increased by 12 percent in local currencies.
· Operating profit decreased to SEK 166 M (207), which corresponds to an
operating margin of 12.8 percent (17.5).
· Profit after tax amounted to SEK 117 M (163).
· Earnings per share amounted to SEK 1.68 (2.35).
· The board proposes a dividend of SEK 5.50, of which SEK 3.00 is an
extra dividend (SEK 5.00 of which SEK 2.75 was an extra dividend.
January - December
· Net sales increased by 13 percent during the period to SEK 4,717 M
(4,184). Net sales increased by 17 percent in local currencies.
· Operating profit increased to SEK 640 M (575), which corresponds to an
operating margin of 13.6 percent (13.8).
· Profit after tax amounted to SEK 479 M (427).
· Earnings per share amounted to SEK 6.89 (6.15).
Performance in line with expectations
"The trend in 2013 was in line with our current view of the global
market growth for network video. Full-year sales increased by 17 percent
in local currency. Sales in the fourth quarter was in line with the
strong third quarter.
It is difficult to predict the trend for 2014. At present, we are
maintaining our current view of the market trend. By continuing to
develop solutions for new customer segments and markets, while
strengthening our offering in existing markets, Axis is well-positioned
to continue its global expansion and reinforce the companys
Ray Mauritsson, President
The full report and slide presentation is available on: http://www.axis.com/sv/corporate/investor/financial_reports.htm
Invitation to telephone conference
Time: Friday, January 31 at 10 a.m.
Phone number: + 46 (0)8- 505 564 87
Participants from Axis AB will be: Ray Mauritsson, President, and
Fredrik Sjöstrand, CFO.
The presentation will be webcasted live at: http://financialhearings.nu/140131/axis/
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 31 January 2014.
About Axis Communications
Axis offers intelligent security solutions that enable a smarter, safer
world. As the global market leader in network video, Axis is driving the
industry by continually launching innovative network products based on
an open platform - delivering high value to customers through a global
partner network. Axis has long-term relationships with partners and
provides them with knowledge and ground-breaking network products in
existing and new markets.
Axis has more than 1,600 dedicated employees in more than 40 countries
around the world, supported by a network of over 60,000 partners across
179 countries. Founded in 1984, Axis is a Sweden-based company listed on
NASDAQ OMX Stockholm under the ticker AXIS. For more information about
Axis, please visit our website www.axis.com
Axis Communications AB, Address: Emdalavägen 14, 223 69 LUND, Sweden,
Phone +46 46 272 18 00, Fax +46 46 13 61 30 www.axis.com
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