AXIS Communications has reported a 23 per cent increase in net sales in the third quarter of 2013 in its latest interim report. 

The company’s financial data for January to September 2013 showed net sales hit $US206.7m in Q3 – a 23 per cent increase year-on-year. Net sales for January to September increased by 14 per cent year-on-year during the period, to $US534.6m.

“A good performance in all 3 regions with very strong growth in Asia, Europe and the Middle East contributed to sales growth of 23 per cent during the third quarter," said Ray Mauritsson, president at Axis Communications.