Axis AB (publ) reported unaudited consolidated earnings results for the fourth quarter and year and parent company earnings results for the year ended December 31, 2016. For the quarter, the consolidated company reported net sales of SEK 2,058.8 million against SEK 1,758.4 million a year ago. Operating profit was SEK 252.9 million against SEK 231.2 million a year ago. Profit before tax was SEK 252.8 million against SEK 231.1 million a year ago. Net profit for the period was SEK 169.1 million against SEK 176.2 million a year ago. Net profit per share was SEK 2.43 against SEK 2.54 a year ago. Cash flow from operating activities was SEK 261.7 million against SEK 239.1 million a year ago. Return on equity was 33.7% against 48.4% a year ago. For the year, the consolidated company reported net sales of SEK 7,385.7 million against SEK 6,634.7 million a year ago. Operating profit was SEK 885.0 million against SEK 881.2 million a year ago. Profit before tax was SEK 884.2 million against SEK 880.5 million a year ago. Net profit for the period was SEK 638.7 million against SEK 652.1 million a year ago. Net profit per share was SEK 9.20 against SEK 9.39 a year ago. Cash flow from operating activities was SEK 772.1 million against SEK 860.1 million a year ago. Return on equity was 33.7% against 48.4% a year ago. For the year, the parent company reported net sales of SEK 118.6 million against SEK 108.3 million a year ago. Operating profit was SEK 58.0 million against loss of SEK 1.9 million a year ago. Profit after financial items was SEK 29.9 million against loss of SEK 4.6 million a year ago. Net profit for the period was SEK 445.4 million against SEK 474.7 million a year ago.