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Intershop publishes figures for first nine months of 2016 - Seite 2

equivalents totalled EUR 10.9 million at the interim reporting date. The
equity ratio improved to 61% (31 December 2015: 58%).

Against the background of the ongoing market consolidation and the lack of
growth momentum, Intershop has initiated the "Lighthouse 2020" strategy
program. Following on from the concentration on the product business in the
past two years, Intershop will focus on customers from the wholesale sector
going forward. Another strategic focus of the program is on the continued
expansion of the cloud business; in this context, the Intershop 7.8 Cloud
Solution will be launched before the end of the year. The new cooperation
with Microsoft will play an important role, as it allows customers to
seamlessly integrate the Intershop systems with the cloud-based Dynamics
NAV ERP solution from Microsoft.

According to the new roadmap, the Management Board projects sales revenues
of between EUR 34 million and EUR 36 million as well as a negative result
(EBIT) of between EUR 1 million and EUR 2.5 million, including
extraordinary expenses of approx. EUR 1 million.

Says Dr. Jochen Wiechen, CEO of Intershop Communications AG: "In spite of
the disappointing nine-month figures, we are convinced that our strategic
positioning and the related reorganization are the right approach. We
project revenues of EUR 50 million and an EBIT margin of 5% by 2020 and
will do everything in our power to reach these growth targets."

The interim report on the first nine months of 2016 is available for
download at http://www.intershop.com/investors-financial-reports.


Contact:
Investor Relations
Heide Rausch
T: [phone]
F: [phone]
[e-mail]


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02.11.2016 Dissemination of a Corporate News, transmitted by DGAP - a
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Language: English
Company: Intershop Communications AG
Intershop Tower
07740 Jena
Germany
Phone: [phone]
Fax: [phone]
E-mail: [e-mail]
Internet: www.intershop.de
ISIN: DE000A0EPUH1
WKN: A0EPUH
Indices: CDAX, PRIMEALL, TECHALLSHARE
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart, Tradegate Exchange


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