- Net sales increased by 7 percent during the second quarter to US$165 million (SEK 1,114 million). In local currencies, net sales increased by 12 percent
- Operating profit increased to $19 million which corresponds to an operating margin of 11.4 percent (11.6)
- Profit after tax amounted to $14 million
- Earnings per share amounted to $ 0.20
The second quarter
- Net sales increased by 7 percent during the second quarter to US$165 million (SEK 1,114 million). In local currencies, net sales increased by 12 percent
- Operating profit increased to $19 million which corresponds to an operating margin of 11.4 percent (11.6)
- Profit after tax amounted to $14 million
- Earnings per share amounted to $ 0.20
The first half-year
- Net sales increased by 9 percent during the period to $310 million In local currencies, net sales increased by 14 percent
- Operating profit increased to $32 million, which corresponds to an operating margin of 10.3 percent (10.4)
- Profit after tax amounted to $32 million
- Earnings per share amounted to $0.34
Sales in the second quarter amounted to $165 million. During the period, the key North American market in particular continued to display a strong performance.
In May, the global information and analysis company IHS published its annual report on the video surveillance market. We are proud, just like last year, to be ranked as global market leader in both the “Network Cameras” and “Security Cameras” categories. For the first time, Axis is now also ranked as market leader in the “Video Encoders” category.
Recruitment of personnel for the longer term is continuing and above all within R&D and the sales organization. During the second quarter, we welcomed 51 new employees to the company. We are continually making efforts to strengthen our corporate culture through introduction programs and training. Investments in technological development have enabled the release of a number of new and strategically important products and solutions during the period.
There is good potential for a positive trend in network video during the years to come. We see strong growth potential for Axis' network video products particularly through expansion in emerging markets and in the market for small installations, but also in more mature markets where we already have an established position. Axis' market-leading position and our strong business model gives us a good opportunity to drive the development of innovative security solutions and create new possibilities for the future within the scope of our broad competencies.