asknet AG

EANS-News: asknet AG
asknet Publishes Business Figures for the First Nine Months of the Year

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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 
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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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