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artnet AG Earnings Release 2014

Oct 27, 2014

37_rns_2014-10-27_272604c4-ab32-4d81-a4d0-2da9ca69664d.html

Earnings Release

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News Details

Ad-hoc | 27 October 2014 21:39

artnet AG: artnet Lowers Final Results Forecasts for 2014

artnet AG / Key word(s): Change in Forecast

27.10.2014 21:39

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


(Berlin, October 27, 2014) - artnet AG lowers the profit-and-loss forecast
for 2014. The final results for 2014 are expected to be -0.5 million EUR.
So far the company was expecting the final results to be around 0.6 million
EUR for the current year. Additionally the forecast for the total revenue
for 2014 is corrected from 14-15 millon EUR to 13 million EUR.

The main reason for the change of forecast is that the anticipated revenue
from advertisements for the artnet Advertising segment will not be achieved
in full.

artnet will publish the 2014 Nine-Month Report on November 14, 2014.

27.10.2014 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de


Language: English
Company: artnet AG
Oranienstraße 164
10969 Berlin
Germany
Phone: +49 (0)30 20 91 78 -0
Fax: +49 (0)30 20 91 78 -29
E-mail: [email protected]
Internet: www.artnet.de
ISIN: DE000A1K0375
WKN: A1K037
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Stuttgart

End of Announcement DGAP News-Service