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%