13-03-2018 | Financial news | Press releases | Corporate & Ad-hoc news

paragon AG achieves the figures forecast for 2017 and announces another jump in sales in 2018

Delbrück, Germany, March 13, 2018 – Today, paragon AG [ISIN DE0005558696] published its results for fiscal year 2017 and its forecast for the current fiscal year.

  • Group sales up 21.4 percent in 2017 to € 124.8 million (prior year: € 102.8 million)

  • E-mobility grows 73.0 percent to € 24.7 million (prior year: € 14.3 million)

  • Body Kinematics up 188.0 percent to € 9.3 million (prior year: € 3.2 million)

  • EBIT margin adjusted for special items at 9.0 percent, unadjusted EBIT down 14.5 percent to € 7.6 million (prior year: € 8.9 million)

  • Equity ratio now at 56.8 percent (December 31, 2016: 30.0 percent)

  • Forecast for 2018: Further growth in revenue of some 40 percent to around € 175 million – with an EBIT margin of around 9.0 percent