Axis publishes Annual Report for 2009
Published on 26 May, 2010
The year in brief
|Axis announced that 7,000 Axis 209FD-R network cameras will be installed on trains in Sydney|
- Sales totalled SEK 2,301 M (1,975), corresponding to growth of 17 percent
- Operating profit amounted to SEK 308 M (341)
- Profit after tax amounted to SEK 218 M (252)
Events during the quarters 2009
Q1: In March, a configuration and logistics centre (CLC) was established in Atlanta, Georgia, US. Martin Gren, one of Axis' founders, accepted the Ernst & Young Entrepreneur of the Year award and represented Sweden in the international competition.
Q2: At the start of May, Axis received awards including the Export Company of the Year and the Grand Award of Design. Axis announced that Chippewa Valley in the American State of Michigan decided to install Axis network cameras in order to increase security in a cost effective way. More than 600 network cameras and video encoders from Axis were installed in the different public and secondary schools in the district during spring 2009.
Q3: According to IMS Research* Axis maintained its strong market-leading position for network cameras and further improved its position in the category - global vendors providing video surveillance equipment. Axis announced that the current situation regarding supply of components could impact the product supply during the coming half-year.
Q4: Axis announced that 7,000 Axis 209FD-R network cameras will be installed on trains in Sydney, Australia. The installation commenced during 2009 and will be carried out over a three to four year period. Axis announced that the company's network video cameras will play a key role in a large-scale security installation in schools in Portugal. More than 12,000 network cameras shall be installed in order to provide increased security to public schools in a cost effective manner. The installation commenced in August 2009 and is expected to continue during 2010.
* The 2009 edition of the report "The world market for CCTV & Video Surveillance Equipment."
|Key ratios|| || |
|The Group, SEK M (unless otherwise stated) ||2009 ||2008 |
|Profit before tax||307||340|
|Profit after tax||216 ||252|
|Earnings per share, SEK||3.14 ||3.64 |
|Cash and cash equivalents at end of period||302 ||213|
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