Intershop Communications AG: half-year numbers show growth in the cloud business
Intershop Communications AG: half-year numbers show growth in the cloud business
The Intershop Communications AG, a global provider of B2B commerce solutions, recently presented its business figures for the first half of 2024. These numbers throw a new light on the dynamics in the area of the cloud business, which was able to record a significant upswing while the service sales suffered a decline.
growth in the cloud segment
The success of the Intershop is increasingly based on the expansion in the cloud area. In the first six months of the year, the company from Jena generated sales of 19.0 million euros, with the Cloud revenue rising by 32 % to 10.3 million euros. This increases the proportion of cloud revenues in total sales to 54 %, which represents an increase by 14 percentage points compared to the previous year. The cloud margin also experienced growth and was now 66 %.
decline in service sales
In contrast to this, the service sales, which decreased by 28 % to 5.1 million euros, were in contrast. This development is due to the challenges associated with complex major projects. In the implementation phase in particular, the cooperation with the partner network was increasingly being used. Here it becomes clear that the company activity is in a transition phase in which the real -time business is challenged by extensive projects.EBITDA and operational improvements
At the operational level, however, there is a positive development in other key figures. The EBITDA improved to 1.1 million euros, and the gross margin slightly rose to 44 %. Nevertheless, the operational result before interest and tax (EBIT) remains negative at -0.4 million euros, which was influenced by one -off costs as a result of personnel measures.
forecasts for the future
Markus Klahn, CEO of Intershop Communications AG, commented on the results and emphasized that despite the uncertainties in the economic situation, the company was on the right track to position itself as a leading platform in the field of AI-based e-commerce. The forecasts for the year 2024 continue to include moderate sales growth, especially in the cloud area, as well as a positive development in new business.
conclusion: strategic focus on cloud services
The outstanding performance in the cloud business and the challenges in the service area illustrate the strategic changes that Intershop Communications AG goes through. The focus on cloud solutions and the use of artificial intelligence show that the company not only relies on current growth, but also pursues long-term goals in order to remain competitive in a changing market.
The full half -year report is available on the company website and offers further insights into the development of Intershop Communications AG.
For information and inquiries, the investor relations contact, Mercedes Celine Zaremba, is available on telephone number +49-3641-50-1000.
- Nag
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