paragon announces preliminary nine-month figures and raises earnings outlook for the full year

Delbrück, October 23, 2023 - paragon GmbH & Co. KGaA [ISIN DE0005558696] today announced preliminary figures for the first nine months. In addition to a further increase in sales, debt was reduced at the same time.

• According to preliminary figures, paragon increased sales in the first nine months to 
EUR 122.0 million (previous year EUR 118.5 million) 
• Asset deal in the context of the cooperation with Clarios leads to a positive earnings 
contribution in the mid single-digit million range
• Cash inflow used consistently to further reduce debt of the paragon Group: Net debt 
reduced to below EUR 50 million (end of 2019: EUR 121.3 million)
• Consolidated EBITDA already amounts to EUR 23.8 million after nine months 
• Positive net income of EUR 4.4 million leads to earnings per share of approximately 
EUR 1.00 
• Expectations for 2023 updated: EBITDA now between EUR 25 and 27 million, sales at 
EUR 160 to 170 million.