Electromobility Leads Growth Charge for paragon AG in First Half of Year

Delbrück, Germany, August 15, 2017 – paragon AG [ISIN DE0005558696] published its Group interim report for the first six months through June 30, 2017, today and confirmed its forecast for the current fiscal year.

• Group revenue up 13.3 percent to € 55.3 million (prior year: € 48.8 million)

• Revenue share of Electromobility operating segment rises to 14.5 percent (prior year:
  9.3 percent)

• EBITDA increases 17.7 percent to € 8.0 million (prior year: € 6.8 million)

• EBIT margin drops slightly to 6.7 percent (prior year: 7.2 percent)

• Investments reduced as planned to € 9.6 million (prior year: € 10.9 million)

• Revenue and earnings forecast confirmed for the whole fiscal year