The majority of Axis’ sales are generated in larger installations
in mature markets in North America and Europe. With a global
market-leading position in these customer and market segments,
Axis is now concentrating strongly on new geographical areas and
customer segments where the company estimates that the growth
potential is particularly high.
Highlights in the report:
The fourth quarter
- Net sales increased by 12 percent during the fourth quarter to US$182.5 million (SEK 1.18 billion). Net sales increased by 15 percent in local currencies
- Operating profit increased to $32 million, which corresponds to an operating margin of 17.5 percent
- Profit after tax amounted to $25.2 million
- Earnings per share amounted to $ 0.36
- The board proposes a dividend of $50.77 of which $ 0.77 is an extra dividend ($ 0.85 of which $ 0.5 was an extra dividend)
January - December
- Net sales increased by 17 percent during the period to $646.6 million. Net sales increased by 14 percent in local currencies
- Operating profit decreased to $88.9 million, which corresponds to an operating margin of 13.8 percent
- Profit after tax amounted to $66.0 million
- Earnings per share amounted to $ 0.95