Axis AB reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2016 and company earnings results for the six months ended June 30, 2016. For the quarter, on consolidated basis, the company reported net sales of SEK 1,762.7 million compared to SEK 1,616.3 million a year ago. Operating profit was SEK 166.8 million compared to SEK 116.5 million a year ago. Profit before tax was SEK 166.2 million compared to SEK 116.2 million a year ago. Net profit for the period was SEK 122.6 million compared to SEK 82.6 million a year ago. Total comprehensive income attributable to parent company's shareholders was SEK 128.5 million compared to SEK 80.2 million a year ago. Earnings per share for the period were SEK 1.77 compared to SEK 1.19 a year ago. Cash flow from operating activities was SEK 322.0 million compared to SEK 163.3 million a year ago. Return on equity was 39.8% compared to 47.2% a year ago. Foreign currency effects had a negative impact on sales of SEK 63 million. For the period, on consolidated basis, the company reported net sales of SEK 3,329.7 million compared to SEK 2,970.6 million a year ago. Operating profit was SEK 319.9 million compared to SEK 261.3 million a year ago. Profit before tax was SEK 319.4 million compared to SEK 260.7 million a year ago. Net profit for the period was SEK 236.7 million compared to SEK 186.7 million a year ago. Total comprehensive income attributable to parent company's shareholders was SEK 245.0 million compared to SEK 196.2 million a year ago. Earnings per share for the period were SEK 3.41 compared to SEK 2.69 a year ago. Cash flow from operating activities was SEK 243.0 million compared to SEK 366.2 million a year ago. Return on equity was 39.8% compared to 47.2% a year ago. For the period, on company basis, the company reported net sales amounted to SEK 54.6 million compared to SEK 49.5 million a year ago. Operating profit amounted to SEK 33.4 million compared to loss of 34.1 million a year ago. Profit before tax was SEK 29.9 million against loss of SEK 26.3 million a year ago. Net profit for the period was SEK 23.3 million compared to loss of SEK 26.3 million a year ago.