Axis AB (publ) announced consolidated earnings results for the fourth quarter and full year ended December 31, 2017. For the fourth quarter the company reported, net sales of SEK 2,204.0 million against SEK 2,058.8 million a year ago. Operating profit was SEK 205.9 million against SEK 252.9 million a year ago. Profit before tax was SEK 204.9 million against SEK 252.8 million a year ago. Net profit for the period was SEK 131.7 million against SEK 169.1 million a year ago. Earnings per share for the period was SEK 1.90 against SEK 2.43 a year ago. Cash flow from operating activities was SEK 244.5 million against SEK 261.5 million a year ago. Return on capital employed was 37.4% against 43.3% a year ago. Return on equity was 29.1% against 33.7% a year ago. For the year the company reported, net sales of SEK 8,602.6 million against SEK 7,385.7 million a year ago. Operating profit was SEK 1,013.9 million against SEK 885.0 million a year ago. Profit before tax was SEK 1,011.0 million against SEK 884.2 million a year ago. Net profit for the period was SEK 735.8 million against SEK 638.7 million a year ago. Earnings per share for the period was SEK 10.59 against SEK 9.20 a year ago. Cash flow from operating activities was SEK 1,364.0 million against SEK 721.4 million a year ago. Return on capital employed was 37.4% against 43.3% a year ago. Return on equity was 29.1% against 33.7% a year ago.