Interim report January-September 2008 - Continued profitable growth

Interim report January-September 2008 - Continued profitable growth

• Net sales during the period amounted to SEK 1,474 M (1,193).
• Operating profit during the period totaled SEK 291 M (264).
• Profit before tax for the period amounted to SEK 291 M (263).
• Profit after tax for the period totaled SEK 207 M (192).
• Earnings per share for the period amounted to SEK 2.99 (2.76). 


“Net sales for the first nine months of the year totaled SEK 1,474 M, an
increase of 24 percent compared with the same period of the preceding year.
Growth within the Video product area amounted to 35 percent calculated in local
currency terms during the period January-September. Sales within Video totaled 
SEK 522 M during the third quarter, corresponding to growth of 32 percent in
local currency terms. 
There is considerable interest in all regions for network video products in
security installations. The Americas and Asia displayed strong growth figures,
while the third quarter was characterized by a degree of caution and project
changes within EMEA. 
Axis' expansion plans remain, which involve a high rate of recruitment within
sales, marketing, research & development as well as the establishment of sales
offices, among other things. 116 new employees were hired during the first nine
months of the year. “
Ray Mauritsson, President

The slide presentation is available on:
www.axis.com/corporate/investor/interim_report.htm
Invitation to telephone conference
Time: Friday, October 17, at 10 AM CET.
To join the conference:
Dial: +44 (0)20 7162 0077
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: 
+44(0)20 7031 4064. Access code: 81 25 28.


For further information, please contact:
Margareta Lantz, Manager IR&Corporate Communications, Axis Communications 
Phone: + 46 46 272 18 00, E-mail: pressoffice@axis.com

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.