Intershop Communications AG has adjusted its sales and earnings forecast for the financial year 2014. Based on current projections, the Management Board now expects revenues to decline at a single-digit to low double-digit percentage as well as negative earnings before interest and taxes (EBIT) in the medium single digit million euro range. Management had previously projected a moderate increase in net revenues as well as negative EBIT in the low single digit million euro range.

The adjustment of the forecast is due to the fact that the company's transformation from a more service-oriented provider to a product company is taking longer than originally planned.