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PRESS RELEASE: asknet publishes business figures for the first nine months of 2013

DGAP-News: asknet AG / Key word(s): Quarter Results asknet publishes business figures for the first nine months of 2013

15.11.2013 / 10:30

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asknet publishes business figures for the first nine months of 2013

- Sales revenues and gross profits up on prior-year period

- Positive nine-month result

- Full-year forecast confirmed

Karlsruhe, November 15, 2013 - asknet AG has announced its business figures for the first nine months of 2013. The leading supplier of global e-commerce solutions generated consolidated sales revenues of 58.86 million euros in the reporting period, up approx. 12 percent on the same period of the previous year. asknet Group's gross profits in the reporting period rose by approx. 4 percent to 7.39 million euros compared to the first nine months of 2012, of which 5.47 million euros were contributed by the eDistribution segment and 1.92 million euros by ePortals.

Both business segments of asknet Group delivered a positive performance in the reporting period. The eDistribution segment continued its growth, with sales revenues and gross profits up by approx. 12 percent and approx. 3 percent, respectively, on the first nine months of 2012. While last year's trend in the ePortals segment was negative, asknet's academic software portals returned to growth in the first nine months of 2013, reporting a roughly 13 percent increase in sales revenues. Gross profits rose by approx. 9 percent. The good business performance in the reporting period is reflected in a positive nine-month result. Earnings before taxes (EBT) amounted to 22 thousand euros, having improved by 87 thousand euros compared to the same period of the previous year. After interest and taxes, asknet Group posted a net profit for the period of 20 thousand euros.

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PRESS RELEASE: asknet publishes business figures for the first nine months of 2013