Axis Year- end report 2010

Axis Year- end report 2010

Net sales during the year amounted to SEK 2,933 M (2,301),
and sales amounted to SEK 875 M (659) for the fourth quarter.
Operating profit for the year totaled SEK 415 M (308),
and operating profit totaled SEK 125 M (121) during the fourth quarter.
 
Profit before tax for the year amounted to SEK 413 M (307),
and profit before tax amounted to SEK 125 M (120) for the fourth
quarter.
Profit after tax during the year totaled SEK 300 M (218),
and profit after tax totaled SEK 90 M (85) during the fourth quarter.
Earnings per share for the year amounted to SEK 4.32 (3.14).
The board of directors proposes a dividend of SEK 4.50 of which SEK 3.00
represents an extra dividend (SEK 4.00 of which SEK 2.75 extra
dividend).

“Axis reports a strong close to 2010 with net sales of SEK 2,933 M
(2,301). Continued high demand for Axis products on all markets, a good
inventory po­sition and high availability of Axis' network video
products contributed to the strong close. Growth amounted to 40 percent
in local currencies during the fourth quarter. Axis estimates that its
growth was faster than the market. The company has thus strengthened its
position as the market-leading supplier of network video products. There
has been considerable interest in all regions for in­stallations of
surveillance equipment within retail, city surveillance and the
transport sector.
Axis strengthened its patent portfolio after the end of the period
through acquisition of about twenty patents relating to network cameras.
During the year Axis continued its global expan­sion and the company had
914 employees (774) at year-end.”
                                                                        
                                                                   
                    Ray Mauritsson, President

Invitation to telephone conference

Time: 3 February at 10 a.m.
Phone number: +46 (0)8 505 201 14
Specify Axis Communications.

Axis AB participants: Ray Mauritsson, CEO and Fredrik Sjöstrand, CFO.
The report and a slide presentation will be available at:
http://www.axis.com/corporate/investor/interim_report.htm (http://www.ax
is.com/corporate/investor/interim_report.htm)

 A recorded version of the presentation will be available for five
working days on:
+46 (0) 850520333, Access Code: 885532

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