EANS-News: asknet AG
asknet Publishes Business Figures for the First Nine
Months of the Year
-------------------------------------------------------------------------------- Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- Board of Directors (Appointments and Changes)/9-month report Subtitle: *** Following a strong third quarter the company continues to grow *** Nine-month result almost balanced *** Michael Konrad future sole CEO *** Full-year forecast confirmed Karlsruhe (euro adhoc) - November 15, 2012 - asknet AG, a leading supplier of global eCommerce solutions for software and digital media companies, has announced its business figures for the first nine months of 2012. In the reporting period, the Group generated sales of 52.32 million euros, 10.3 percent up on the previous year's figure. asknet Group's gross profits declined by 0.15 million euros year-on-year to 7.08 million euros, of which 5.32 million euros came from the eDistribution segment and 1.76 million euros from ePortals. The slight drop in gross profits resulted from a weaker business performance as well as a lower share of project sales in the ePortals segment and a slightly different customer/product portfolio in eDistribution. The effects of streamlining the organizational structures, which was completed last year, have already led to a sustained drop in operating costs. asknet Group's operating result (EBIT) was -0.08 million, a significant improvement on the first nine months of 2011. Earnings before taxes (EBT) came to -0.07 million euros. After interest and taxes, asknet made a slight loss of 0.08 million euros in the first nine months of the year. asknet opened the second half of 2012 with a strong third quarter. The company increased both sales revenues and gross profits year-on-year from July to September, and also recorded positive quarterly earnings. This allowed asknet to continue to grow. "The projected profit improvements and break-even guidance forecast for full-year 2012 increasingly prove true. In light of the good general conditions in the industry, we are confident that we will continue to grow steadily in the future and achieve sustainable profitability," commented Michael Konrad, Co-CEO of asknet AG. Executive Board changes: Dr. Dietmar Waudig, the founder and long-standing member of the Executive Board, will leave the company when his contract expires at the end of the year and will resign from his position effective the end of November 16, 2012 with the consent of the Supervisory Board. Michael Konrad, Dr. Waudig's colleague on the Executive Board, will take on his responsibilities and will act as the company's sole CEO in the future. After spending more than 17 years with the company, Dr. Dietmar Waudig now plans to dedicate himself to new activities not related to his previous employment. Dr. Joachim Bernecker, Chairman of the Supervisory Board of asknet AG: "The Supervisory Board would like to thank Dietmar Waudig for his many years of commitment to the company. He helped to ensure that asknet developed into one of the world's leading independent providers of electronic software distribution." The nine-month report of asknet AG (german version only) is available as of today on the company website at www.asknet.com. Further inquiry note: Martina Oerther Vice President Corporate Marketing Tel.: +49 (0)721 96 458-6369 Email: martina.oerther@asknet.com end of announcement euro adhoc -------------------------------------------------------------------------------- company: asknet AG Vincenz-Priessnitz-Str. 3 D-76131 Karlsruhe phone: +49 (0)721 96 458 6369 FAX: +49 (0)721-96 45899 mail: info@asknet.de WWW: http://www.asknet.de sector: Electronic Commerce ISIN: DE0005173306 indexes: stockmarkets: free trade: Berlin, München, Düsseldorf, Stuttgart, Open Market / Entry Standard: Frankfurt language: English
Original content of: asknet AG, transmitted by news aktuell