Jena, 28 December 2023 – Intershop Communications AG (ISIN: DE000A254211) is lowering its forecast for incoming cloud orders for FY 2023. The increase in orders expected in the fourth quarter has not yet been realised to the planned extent. The reasons for this continue to be the investment restraint and the postponement of investment decisions by potential customers due to the uncertain overall economic situation. Based on current expectations, Intershop now anticipates incoming cloud orders of around EUR 20 million. Previously, Intershop expected incoming cloud orders in a range between EUR 24.0 million and EUR 26.0 million for 2023 (previous year: EUR 25.9 million).

The revenue and earnings forecast as well as the forecast for net new ARR remain unchanged. Intershop expects slight revenue growth for the FY 2023 and a negative operating result (EBIT), which is expected to improve compared to the previous year (previous year: EUR -2.9 million). The company forecasts net new ARR to be between EUR 1.5 million and EUR 2.5 million (previous year: EUR 3.2 million).

 

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