13-11-2018 | Financial news | Press releases | Corporate & Ad-hoc news

paragon Increases Revenue by 40 Percent in Period up to September – Forecast for the Year as a Whole Confirmed

Delbrück, Germany, November 13, 2018 – paragon GmbH & Co. KGaA [ISIN DE0005558696] published its condensed interim financial statements as of September 30, 2018, as well as its outlook for the year as a whole today.

  • Group sales for first three quarters of the year up by 40.2 percent to € 118.8 million; revenue from automotive manufacturers increases by around 20 percent

  • Revenue of the new Body Kinematics and Electromobility business units almost tripled; share of Group sales doubled to 46.9 percent

  • EBITDA increases by 36.3 percent to € 17.2 million

  • EBIT margin amounts to 6.5 percent

  • Revenue and EBIT forecasts for 2018 confirmed