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Axis AB (AXIS.ST)

AXIS.ST on Stockholm Stock Exchange

340.00SEK
24 May 2017
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Latest Key Developments (Source: Significant Developments)

Axis Q1 operating profit jumps 53 pct
Friday, 21 Apr 2017 02:00am EDT 

April 21 (Reuters) - Axis AB :Q1 net sales increased by 29 percent during Q1 to SEK 2,027 m (1,567)..Q1 operating profit increased to SEK 234 m (153).Says the first quarter of 2017 was characterized by strong growth and profitability. A contributory factor to the sales increase was that many of our distributors sold off large parts of their inventories due to strong demand in late 2016, and thus needed to replenish their inventories in early 2017. .Says foreign currency effects and revenue from the companies we acquired during 2016 also contributed positively to growth.  Full Article

Axis Q4 sales tops SEK 2 bln, cites weak crown
Friday, 27 Jan 2017 02:04am EST 

Axis AB : Q4 net sales increased by 17 percent to SEK 2,059 m (1,758) . Says "for the first time, we generated sales of more than SEK 2 billion in a quarter" . Q4 operating profit increased to SEK 253 m (231) . Says the weak Swedish krona had a significant positive effect on growth during the fourth quarter. .Q4 board proposes that no dividend should be declared for 2016 fiscal year.  Full Article

Axis Q2 operating profit rises to SEK 167 mln
Tuesday, 12 Jul 2016 02:05am EDT 

Axis AB : Q2 net sales increased by 9 percent during Q2 to SEK 1,763 mln . Q2 operating profit amounted to SEK 167 mln (117), which corresponds to an operating margin of 9.5 percent (7.2) . Says the market activity and the inflow of new projects means that axis’ view on the current market growth rate remains unchanged For the original story click here: http://mb.cision.com/Main/968/2044260/539122.pdf Further company coverage: [AXIS.ST] (Stockholm Newsroom) ((stockholm.newsroom@thomsonreuters.com; +46 (0)8-700 10 10;)).  Full Article

Axis says acquires Cognimatics
Friday, 3 Jun 2016 05:00am EDT 

Axis AB : Says acquires Cognimatics to strengthen retail offering . Says Cognimatics is a privately owned Swedish company, headquartered in Lund, with 12 employees . Says the company offers a suite of video analytics applications that can be used to provide retailers with insightful behavioral intelligence that helps optimize their operations For the original story click here: http://mb.cision.com/Main/968/2022411/524555.pdf Further company coverage: [AXIS.ST] (Stockholm Newsroom) ((stockholm.newsroom@thomsonreuters.com; +46 (0)8-700 10 10;)).  Full Article

Axis says acquires Czech IP company 2N
Monday, 30 May 2016 07:03am EDT 

Axis AB : Says acquires 2N .Says 2N has about 200 employees, and has its HQ in Prague.  Full Article

Axis AB says supplier affected by Japanese earthquake, could have effect on sales
Thursday, 28 Apr 2016 06:00am EDT 

Axis AB:Japanese earthquake in mid April caused damages on supplier Sony's sensor manufacturing plant.This could lead to limited supply of a number of Axis Communications' network video products by the end of this year.Believes that a limited supply of sensors from Sony could have effect on Axis sales towards the end of 2016.  Full Article

Axis proposes no dividend payment for FY 2015
Tuesday, 26 Jan 2016 02:00am EST 

Axis AB:Says proposes that no dividend shall be distributed in respect of FY 2015.Paid dividend of 0.31 Swedish crown per share in respect of FY 2014.  Full Article

Axis resolves minority dividend of SEK 0.31 per share
Tuesday, 16 Jun 2015 02:30am EDT 

Axis AB:Says on request by shareholders representing about 10.3 pct of the shares in the company, the AGM resolved on a minority dividend of 0.31 Swedish crowns per share.Says June 17, 2015 was adopted as record date for the dividend.  Full Article

More From Around the Web

BRIEF-Axis Q1 operating profit jumps 53 pct

* Q1 net sales increased by 29 percent during Q1 to SEK 2,027 m (1,567).