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Intershop publishes preliminary figures for financial year 2014 - Seite 2

compared to EUR -3.2 million in the previous year. The net result for the
period stood at EUR -6.6 million (previous year: EUR -3.3 million).
Earnings per share reached EUR -0.22 (previous year: EUR -0.11).

Ludwig Lutter, Chief Financial Officer of Intershop Communications AG,
said: "Strategically, we are on the right track, even though the financials
for 2014 are unsatisfactory. The shifting of technology investments of two
of our major customers had a significant adverse effect on our revenues,
which could not be offset by the large number of new customers won. As a
result, we cut our costs in the second half of the year in order to ensure
that our cost base will be in line with our revenue level in 2015."

Intershop's consolidated balance sheet showed a sound equity ratio of
approximately 70% (previous year: 72%). Total assets as of 31 December 2014
declined to EUR 25.3 million (previous year: EUR 33.7 million). Cash & cash
equivalents as of the balance sheet date amounted to EUR 6.7 million, down
EUR 0.7 million on the previous year. At the end of 2014, Intershop had 415
employees.

In the medium term, the broadening of the customer base will help
stabilizing the business given that customers can grow with Intershop's
scalable platform without having to switch to a different technology.
Another milestone in 2014 was the major expansion of the partner network
with some 30 new cooperation agreements. Moreover, the Intershop 7.5
version further strengthened the technology leadership of Intershop's
solution.

Jochen Moll, Board Spokesman of Intershop Communications AG, said: "At the
beginning of this year, our omni-channel commerce solution was assessed by
Forrester Research for B2C online trading (end customer business) and
achieved an excellent result. This strengthens our product business
initiatives for which we will set the financial basis in the current year."

The full consolidated financial statements will be published in mid-March
2015. All financials in this press release are preliminary figures, pending
completion of the statutory audit.


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



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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, DE000A0C4ZE3
WKN: A0EPUH, A0C4ZE
Indices: CDAX, PRIMEALL, TECHALLSHARE
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart


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