13-05-2019 | Financial news | Press releases | Corporate & Ad-hoc news

paragon confirms growth course with jump in sales

Delbrück, Germany, May 13, 2019 – The Management of paragon [ISIN DE0005558696] published its results for the first quarter of the 2019 fiscal year today and confirmed its forecast for the current fiscal year.


  • Group revenues increase by 25.4% to € 43 million in the first quarter

  • EBITDA grows by 57.7% to € 7.6 million

  • EBIT rises to € 2.0 million; EBIT margin unchanged at 4.7 percent

  • Electromobility strongest growth driver with 150 percent increase in revenues

  • Forecast for 2019 confirmed: Revenue growth to about € 230 to 240 million with an EBIT margin of about 8%