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Axis reports strong growth in first quarter

Axis Communications has reported a growth of 21% in the first quarter of 2010 – from January to March.

Speaking to visitors at this year’s IFSEC, CEO of Axis, Ray Mauritsson, said: “We’re almost back to a good old growth number.”

Growth should continue through to the next quarter, he added, with strong performances in the transportation, public surveillance and retail sectors.

Overall, he said, the company was optimistic about its future. “We need a few more quarters like this. We’re not saying we’re back in ideal market conditions, but we have seen a turning point. We’re optimistic.”

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