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![Page 1: AXIS Communications - a world of intelligent networks Full year 2002 CEO Peter Ragnarsson CFO Jörgen Lindquist.](https://reader036.fdocuments.in/reader036/viewer/2022062422/56649e8a5503460f94b8ff38/html5/thumbnails/1.jpg)
AXIS Communications- a world of intelligent networks
Full year 2002
AXIS Communications- a world of intelligent networks
Full year 2002
CEO Peter RagnarssonCFO Jörgen Lindquist
![Page 2: AXIS Communications - a world of intelligent networks Full year 2002 CEO Peter Ragnarsson CFO Jörgen Lindquist.](https://reader036.fdocuments.in/reader036/viewer/2022062422/56649e8a5503460f94b8ff38/html5/thumbnails/2.jpg)
Sharp increase in profitability Sharp increase in profitability
![Page 3: AXIS Communications - a world of intelligent networks Full year 2002 CEO Peter Ragnarsson CFO Jörgen Lindquist.](https://reader036.fdocuments.in/reader036/viewer/2022062422/56649e8a5503460f94b8ff38/html5/thumbnails/3.jpg)
Financial performance 2002
Net sales for comparable units: SEK 670 M (676) Operating profit for comparable units: SEK 40 M (loss:83) Cash flow from operating activities: SEK 7 M (neg:26)
![Page 4: AXIS Communications - a world of intelligent networks Full year 2002 CEO Peter Ragnarsson CFO Jörgen Lindquist.](https://reader036.fdocuments.in/reader036/viewer/2022062422/56649e8a5503460f94b8ff38/html5/thumbnails/4.jpg)
This is Axis
A global, established and profitable company
Sales in over 70 countries A broad product portfolio
meeting customer´s needs An innovative market leader Proven technology and intensive
R & D
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Highlights 2002
Strong development within Video
Proactive market efforts Several new partners
focused on total solutions Positive sales trend in Asia
and EMEA
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A year of growth in the Video market
Worldwide #1 position Axis’ largest product area A base of 200,000 units
installed Several new strategic
agreements
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Trends driving the market
Transition from analog to digital solutions Growing interest in surveillance and
security Increasingly large investments Increasingly professional applications
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IT market Security market
Converging markets
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Focus on customer segments
Transportation Banking & Finance Government Retail Industrial Education
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Investing for the future
Intensive R&D agenda 118 MSEK in year 2002 Corresponding to 18%
of sales Nine new patents Product innovations for future
growth
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A strong position
Proven technology Global sales and
distribution Market leadership Profitable development Growth opportunities
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Financial performanceFull year 2002
Financial performanceFull year 2002
![Page 13: AXIS Communications - a world of intelligent networks Full year 2002 CEO Peter Ragnarsson CFO Jörgen Lindquist.](https://reader036.fdocuments.in/reader036/viewer/2022062422/56649e8a5503460f94b8ff38/html5/thumbnails/13.jpg)
Financial performance 2002
Sharp increase in profitability despite weak market Net sales for comparable units: SEK 670 M (676) Operating profit for comparable units: SEK 40 M (loss:83) Cash flow from operating activities: SEK 7 M (neg:26)
![Page 14: AXIS Communications - a world of intelligent networks Full year 2002 CEO Peter Ragnarsson CFO Jörgen Lindquist.](https://reader036.fdocuments.in/reader036/viewer/2022062422/56649e8a5503460f94b8ff38/html5/thumbnails/14.jpg)
Financial highlights
Profitability Continuous growth for
Video Continuous cost
control Currency effects Positive cash flow
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Sales 2002
Ongoing operations
0
100
200
300
400
500
600
700
Q4 Accum
2001
2002
MSEK
12 months 2002Sales 670 MSEK (676)
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Sales Q4 2002
Sales by Product Group
45%Video
41%
Scan & Store 7%
Access 1%Other 6%
Sales by region
22%
Asia Americas
EMEA
26% 27%
47%
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Video – Sales 2001-2002
45% of Axis´ total sales Increased demand for
network cameras and video servers
New agreements
0
20
40
60
80
100
MSEK
Q1 Q2 Q3 Q4 Q1 Q2 Q3
2001 2002
Q4
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Print – Sales 2001-2002
41% of Axis´ total sales Weak development due
to cautious IT-market
0
20
40
60
80
100
MSEK
Q1 Q2 Q3 Q4 Q2 Q3 Q4
Pro forma 2000
2001 2002
Q1
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EBIT by Quarter 2000-2002
Continuous profitable development
Q4: operating margin 5.7%; profit margin 7.3%
Pro forma 2000
Q4
-80
-70
-60
-50
-40
-30
-20
-10
0
10
20EBIT Structural
MSEK
Q1 Q2 Q3 Q4 Q1 Q2 Q3
2000
Q1 Q2 Q3
2001 2002
Q4
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Ongoing operations, MSEK
Sales per Quarter 2001-2002
0
20
40
60
80
100
120
140
160
180
200
Q1 Q2 Q3 Q4
2001 2002
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Gross margin 2001-2002
0
10
20
30
40
50
60
Q1-01
Q2-01
Q3-01
Q4-01
Q1-02
Q2-02
Q3-02
Q4-02
%
MSEK
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Accounts receivables 2001-2002
Days of sales outstanding
0
10
20
30
40
50
60
70
Q1-01 Q2-01 Q3-01 Q4-01 Q1-02 Q2-02 Q3-02 Q4-02
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0
10
20
30
40
50
60
70
Q1-01 Q2-01 Q3-01 Q4-01 Q1-02 Q2-02 Q3-02 Q4-02
Inventory 2001-2002
MSEK
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Liquid funds 2001-2002
MSEK
0
25
50
75
100
125
150
175
200
Q1-01
Q2-01
Q3-01
Q4-01
Q1-02
Q2-02
Q3-02
Q4-02
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Axis’ ambition 2003
Profitability and growth Strengthened positions Priority on Video Clear customer focus New generation Video
products
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Outlook 2003
Signs of increased activities in several markets
IT market and overall sales trend difficult to predict
Continued substantial growth for Video