Axis Interim report January - June 2010

Axis Interim report January - June 2010

Net sales during the period amounted to SEK 1,321 M (1,074), and sales
amounted to SEK 678 M (542) for the second quarter.

Operating profit during the period amounted to SEK 169 M (93), and
operating profit amounted to SEK 74 M (46) for the second quarter.

Profit before tax during the period amounted to SEK 168 M (92), and
profit before tax amounted to SEK 74 M (46) for the second quarter.

Profit after tax during the period totaled SEK 122 M (67), and profit
after tax totaled SEK 53 M (34) for the second quarter.

Earnings per share amounted to SEK 1.76 (0.96) during the first
half-year.

“A very strong close of the second quarter generated growth of 6
percent, compared with the first quarter of the year. Sales have been
particularly robust within the Americas region which reported growth of
25 percent, compared with the same period of the preceding year. The
Asia region also showed strong growth of 56 percent. The corresponding
growth rate within the EMEA region amounted to 19 percent.

The product portfolio was extended further with a number of high-quality
network video products. All of the new products support HDTV quality
video and the H.264 compression standard.

During the second quarter, Axis continued its expansion and a high rate
of recruitment took place. The number of employees increased by 64 and
amounted to 850 at the end of the period”.

Ray Mauritsson, President

The report and slide presentation is available on:
http://www.axis.com/corporate/investor/interim_report.htm (http://www.ax
is.com/corporate/investor/interim_report.htm)

 Invitation to telephone conference

Time: Wednesday, July 7 at 10 a.m.
Phone number: +46 (0)8 5052 01 10
Participants from Axis AB will be:
Ray Mauritsson, President and Fredrik Sjöstrand, CFO.
A recorded version of the teleconference will be available for ten
business days on: +46 (0)8 5052 0333, specify: 868516.