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BRIEF-Intershop Communications adjusts sales and earnings forecast for 2014 financial year
August 1, 2014 / 10:57 AM / 3 years ago

BRIEF-Intershop Communications adjusts sales and earnings forecast for 2014 financial year

Aug 1 (Reuters) - Intershop Communications AG : * Says has adjusted its sales and earnings forecast for the 2014 financial year * Says now expects revenues to decline at a single-digit to low double-digit

percentage * Management previously projected moderate increase in net revenues and

negative EBIT in low single digit million euro range * Sees for FY 2014 negative EBIT in the medium single digit million euro range * Adjustment of forecast due to the fact that company’s transformation to

product company is taking longer than planned * Source text for Eikon * Further company coverage

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