Brief: Intershop H1 Net Income Up 75% At EUR 0.7 Mln

Intershop Communications AG

22/07/2021 07:19

July 22 (Reuters) - INTERSHOP COMMUNICATIONS AG  ISH1k.DE :
    * CONTINUES PROFITABLE GROWTH IN THE FIRST HALF OF 2021
    * H1 EBIT 1.0 MILLION EUR VERSUS 500,000 EUR YEAR AGO
    * H1 REVENUE ROSE 11 PERCENT TO 18.3 MILLION EUR
    * CONTINUES TO EXPECT INCOMING CLOUD ORDERS TO RISE BY AT
LEAST
10% AND NET NEW ARR TO PICK UP SLIGHTLY IN FULL FISCAL YEAR 2021
    * OUTLOOK 2021: EARNINGS BEFORE INTEREST AND TAXES (EBIT)
ARE
PROJECTED TO BE SLIGHTLY POSITIVE ON MODERATELY GROWING REVENUES
    * NET INCOME FOR PERIOD AFTER TAXES AMOUNTED TO EUR 0.7
MILLION
(PREVIOUS YEAR: EUR 0.4 MILLION)
    * H1 EBITDA STOOD AT EUR 2.6 MILLION (PREVIOUS YEAR: EUR 2.3
MILLION)

Source text for Eikon:  ID:nEQ7TtGcFa 
Further company coverage:  ISH1k.DE 

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