Jena, 7 August 2015 –Intershop Communications AG (ISIN: DE000A0EPUH1) has signed a major contract with a long-standing strategic customer. The contract in a low single digit million euro amount essentially comprises revenues from the sale of licences of the Intershop Commerce Suite, which are booked immediately. Intershop has therefore upgraded its revenue and earnings forecast for the financial year 2015. The Management Board now expects sales revenues to be on a par with the previous year, adjusted for the disposal of the online marketing activities, as well as moderately positive earnings before interest and taxes (EBIT). Intershop had previously projected a low double-digit percentage decline in adjusted sales revenues as well as almost balanced EBIT.
Intershop Communications AG (founded in Germany 1992; Prime Standard: ISHA) is an independent, internationally leading provider of omnichannel commerce solutions. The latter are available as cloud-based commerce-as-a-service solutions or as licensed models and combine the expertise from over 25 years of software development for online commerce. Upon request, Intershop orchestrates the entire omnichannel commerce process chain – from the design of online channels to the implementation of software to fulfillment. Around the globe more than 300 enterprise customers run Intershop solutions. Customers include large corporations such as HP, BMW, Würth and Deutsche Telekom as well as medium-sized enterprises. Intershop operates in Europe, the USA and the Asia-Pacific region.
This news release contains forward-looking statements regarding future events or the future financial and operational performance of Intershop. Actual events or performance may differ materially from those contained or implied in such forward-looking statements. Risks and uncertainties that could lead to such difference could include, among other things: Intershop's limited operating history, the unpredictability of future revenues and expenses and potential fluctuations in revenues and operating results, significant dependence on large single customer deals, consumer trends, the level of competition, seasonality, risks related to electronic security, possible governmental regulation, and general economic conditions.