“Sales were positively impacted by currency effects, primarily from the US dollar. While a number of countries in Southeast Asia and parts of Europe performed well, we continue to see weak growth in several major markets, mainly in Eastern Europe, South America and parts of North Asia “, said Axis ‘CEO Ray Mauritsson in a comment on the report.
The activity in the market and the influx of new projects means that Axis’ vision of the market’s current growth rate is unchanged, said the company.
Axis refers to the independent information and research firm IHS’s annual report on video surveillance market, where Axis is again ranked as the clear market leader in network video in the regions Americas and EMEA.
“IHS estimates the annual growth rate for video surveillance to 10 percent in the coming years, which is in line with Axis view of the current market trend,” writes the Axis in the report.
Axis, which Canon has bid on, reports a profit before taxes for the second quarter of SEK 116 million (187) .Rörelseresultatet amounted to SEK 117 million (188) and the operating margin ended at 7.2 per cent (13.8) .Bruttomarginalen amounted to 50 , 8 per cent (52.2) The turnover for the quarter landed at 1.616 billion SEK (1355), corresponding to growth of 19 percent during the quarter.
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