Intershop Communications AG reported earnings results for the first quarter of 2019. For the quarter, the company generated revenues of EUR 7.3 million in the first quarter of 2019 against EUR 8.1 million a year ago. Loss before interest and taxes (LBIT) amounted to EUR 2.1 million against EUR 0.7 million a year ago. The net loss for the period after taxes amounted to EUR 2.2 million against EUR 0.8 million a year ago.

The Intershop Management Board continues to project an increase by over 10% in total consolidated revenues for the financial year 2019. With gross profit and the gross margin expected to improve slightly, EBIT are assumed to still remain slightly negative.