Axis AB: Half-year report January-June 2008 - Continued successful expansion

Axis AB: Half-year report January-June 2008 - Continued successful expansion

•	Net sales during the period amounted to SEK 931 M (748).
•	Operating profit during the period totaled SEK 160 M (161).
•	Profit before tax for the period amounted to SEK 160 M (161).  
•	Profit after tax for the period totaled SEK 113 M (120).
•	Earnings per share for the period amounted to SEK 1.64 (1.73).


“Axis' largest product area, Video reported sales of SEK 882 M during the first
half-year, which translated in local currency, corresponds to growth of 37
percent. The current financial turmoil has affected new investments and
expansion plans of Axis' customers, which has resulted in a slower pace of
growth on the network video market. Despite this the network video market is
expected to grow in a fast phase. Axis goal and expansion plans remain
unchanged. 
According to this Axis has during the second quarter opened a new sales office
in Russia (Moscow). Two new sales offices were established after the close of
the period, in Brazil (São Paulo) and China (Beijing), the latter strengthening
the previously established offices in Shanghai and Hong Kong. The number of
employees at the end of the period totaled 644, an increase of 80 during the
first half-year. “
Ray Mauritsson, President

The slide presentation is available on:
www.axis.com/corporate/investor/interim_report.htm
Invitation to telephone conference
Time: Tuesday, July 8, at 10 a.m. CET.
To join the conference: Dial: + 44 (0)20 7162 0025, 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: 802096


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.