EANS-News: asknet AG
asknet Publishes Business Figures for the First Half of
2012
-------------------------------------------------------------------------------- Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- Company Information/6-month report Subtitle: *** Back on growth path with a strong second quarter *** Half-year result almost balanced *** Full year forecast confirmed Karlsruhe, San Francisco (euro adhoc) - August 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 half of 2012. In the first six months of 2012, the Group generated sales revenues of 33.45 million euros, which is 2.8 percent more compared to the prior year's figure. asknet Group's gross profits in the reporting period dropped by 0.28 million euros to 4.71 million euros compared to the first half of 2011, of which 3.50 million euros were contributed by the eDistribution segment and 1.21 million euros by ePortals. The slight drop in gross profits resulted from the weaker business performance in the first quarter of the year as well as a smaller share of project sales and a slightly different customer and product portfolio. The effects of streamlining the organizational structures, which was completed last year, have already resulted in a sustained drop in operating costs. Consequently, the asknet Group's operating result (EBIT) improved significantly year on year in the first half of 2012, and amounted to -0.09 million euros. Earnings before taxes (EBT) came to -0.07 million euros. After interest and taxes, asknet made a slight loss in the first six months of 0.09 million euros. asknet closed the end of the first half of the year with a strong second quarter. In the period from April to June 2012 the Group improved its sales and gross profits as well as operating result compared to the previous year. This marks asknet's return to a growth path. "We are very pleased with the positive business developments in the second quarter. In light of the good general conditions in the industry, we are confident that we will improve our operating result and reach break-even for the full year, as forecasted for 2012", said Michael Konrad, Co-CEO of asknet. The half-year report 2012 of asknet AG is available on the company website at www.asknet.com. About asknet: asknet offers its clients customized outsourcing solutions for global software sales via the Internet. Founded in 1995 as a spin-off of the Karlsruhe Institute of Technology (KIT, formerly the University of Karlsruhe), the company has become a leading independent global provider for electronic software distribution. In addition to its fully integrated shop solutions for software publishers, the company develops and maintains portals for software distribution and supplies software products to around eighty percent of German universities. In 2011, asknet posted sales of approximately EUR 65.4 million. asknet's clients include numerous providers of specialty software including CyberLink, F-Secure, IS3, Nero, NetObjects, Norman, and Panda Security. 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 von: asknet AG, übermittelt durch news aktuell