paragon AG Closes Strongest First Quarter in Company History and Confirms Forecast for 2018

Delbrück, Germany, May 8, 2018 – Today, paragon AG [ISIN DE0005558696] published its results for the first quarter of 2018 and confirmed its forecast for the current fiscal year.

• New operating segments increase Group sales in the first quarter by 32.4% to € 34.2 million (prior year: € 25.9 million)

• Electromobility revenue doubles again to € 5.1 million (prior year: € 2.6 million), Body Kinematics jumps to € 7.5 million (prior year: € 0.8 million)

• EBIT margin of 4.7% (prior year: 5.2%)

• Free liquidity of € 149.1 million is available for acquisitions and growth investments (December 31, 2017: € 166.8 million)

• Forecast for 2018 confirmed: further revenue growth of around 40% to around € 175 million – with an EBIT margin of around 9.0%