asknet AG

EANS-News: asknet AG
asknet Publishes Business Figures for the First Half of 2012

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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 
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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
 



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