April 16 (Reuters) - Axis AXIS.ST :
* Q1 sales 1,354 million sek, up 20 percent. In local currencies, net sales increased by 2 percent
* Q1 operating profit amounted to SEK 145 M (72), which corresponds to an operating margin of 10.7 percent (6.4)
* Says growth rate during quarter was negatively impacted by a turbulent macroeconomic situation in several of Axis' markets
* Says underlying demand in the network video market is expected to continue to be stable and Axis' view of the current growth rate remains unchanged
* In February, Canon made a 23.6 billion Swedish crown ($2.71 billion) offer for network video surveillance leader Axis ID:nL4N0VK3QS
* In April, Canon said it was extending the offer period for its proposed takeover of Axis after falling short of its ownership goals, but stressed it would not be raising its bid ID:nL4N0X52CE Link to the Q1-report: http://mb.cision.com/Main/968/9756985/367549.pdf ($1 = 8.7011 Swedish crowns)