Axis AB (publ) reported consolidated and parent earnings results for the fourth quarter and full year ended December 31, 2016. For the fourth quarter on consolidated basis, the company reported net sale was SEK 2,058.8 million against SEK 1,758.4 million for the same period a year ago. Operating profit was SEK 252.9 million against SEK 231.2 million for the same period a year ago. For the full year 2016, on consolidated basis, the company reported Net Sales were SEK 7,385.7 million against SEK 6,634.7 million for the same period a year ago. Profit before tax was SEK 884.2 million against SEK 880.5 million for the same period a year ago. Return on equity was 33.7% against 48.4% for the same period a year ago. Basic and diluted earnings were SEK 9.20 per share against SEK 9.39 per share. Operating profit was SEK 885.0 million against SEK 881.2 million for the same period a year ago. Cash flow from operating activities was SEK 721.4 million against 803.2 million for the same period a year ago. Purchase of property, plant and equipment was SEK 214.7 million against SEK 111.0 million for the same period a year ago. Purchase of intangible assets was SEK 82.3 million against SEK 69.0 million for the same period a year ago. Net profit for the year was SEK 638.7 million against SEK 652.1 million for the same period a year ago. Net debt at the end of 2016 was SEK 855 million against net debt at the end of 2015 of SEK 1,016 million. For the full year 2016, on parent basis, the company reported net sales were SEK 118.6 million against SEK 108.3 million for the same period a year ago. Operating profit was SEK 58.0 million against operating loss SEK 1.9 million for the same period a year ago. Profit before tax was SEK 572.1 million against SEK 609.8 million for the same period a year ago. Net profit for the year was SEK 445.4 million against SEK 474.7 million for the same period a year ago. Negative cash flow from operating activities was SEK 95.3 million against SEK 149.7 million for the same period a year ago. Purchase of intangible assets was SEK 2.5 million in 2016.