Anixter IP Security Revenue Rebounding Q4 2009

Author: John Honovich, Published on Mar 12, 2010

For Q4 2009, Anixter's revenue for their security solutions division improved from the previous quarter, with 9% year over year revenue growth compared to only 1% year over year growth in Q3 2009. This specific growth metric was disclosed in their Q4 2009 earnings call transcript.

Key statement from the call: "Security sales continued to show more strength in the broader economy. Sales grew 9% in Q4 over prior year, with particular strength in EMEA and the emerging markets."

While Anixter did not disclose current revenue levels for security solutions, in previous statements they pegged security revenue at approximately $650 Million USD. We believe that in remains close to this number.

Anixter is likely a bellwether for their broader IP video market as they sell a wide range of IP cameras and VMS software. Anixter's results are consistent with the individual improving or positive results from Axis, IndigoVision and Mobotix.

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