11-12-2023 | Corporate & Ad-hoc news | Financial news | Press releases

paragon presents key figures for 2024 and provides an outlook for the next five years

Delbrück, December 11, 2023 - paragon GmbH & Co. KGaA [ISIN DE0005558696] today presented framework data for its business planning for the coming year and provided an outlook for the expansion of its business activities in the coming years.

• Revenue expected to be around EUR 165 million in the coming year

• EBITDA of EUR 18 to EUR 20 million targeted

• Start of own representation in the American market expected for Q2/2024

• Successful debt reduction frees up resources for product initiative

• Major orders initiated offer potential for exceeding the EUR 300 million sales threshold in the coming years