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Axis reports continued strong growth in network CCTV

Axis interim report (January to September 2008) shows continued growth within the area of network video. The sales increase amounted to 35 percent compared with the same period last year. Sales within IP Video totaled SEK 522m (approx £44m) during the third quarter July to September, corresponding to growth of 32 percent.
“There is considerable interest in all regions for network video products in security installations… Axis’ expansion plans remain,” Ray Mauritsson, CEO of Axis, said in the report.
Axis reports that the Americas and Asia displayed strong growth figures, while the third quarter was characterised by a degree of caution and project changes within EMEA.

Axis reports that 116 new staff were employed during the first nine months of 2008.

Axis is the worldwide leader in network video products used within IP CCTV and security applications. Network Webcams is an Axis Development Partner (ADP) as well as an Axis Solutions Gold partner, offering the full range of Axis network video products and developed applications.

Published on October 27th, 2008 by Frank Crouwel

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