paragon continues to grow at an impressive rate in the third quarter

paragon GmbH & Co. KGaA [ISIN DE0005558696] today published its Group interim financial report as of September 30, 2022, reporting revenue of € 40.7 million (prior year: € 34.0 million) for the third quarter of 2022. The top-tier supplier to the automotive industry is benefiting from its broad product and customer portfolio.

• paragon’s revenue increases by 19.8% to € 40.7 million in the third quarter (prior year: € 34.0 million)

• Revenue totals € 127.1 million after nine months (prior year: € 109.7 million)

• Annual revenue forecast of € 170.0 million confirmed

• Additional customer orders for adaptive spoilers and display instruments received

• EBITDA of € 12.0 million in the first nine months (prior year: € 15.0 million) primarily influenced by noncash one-time effects of €4.0 million.