paragon Considers FREP Auditing Process of Consolidated Financial Statements for 2017 Completed
Delbrück, May 28, 2019 – paragon GmbH & Co. KGaA [ISIN DE0005558696] has waived its right to be heard by the German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht - BaFin) on the FREP auditing process triggered by the audit of the IFRS 2017 annual financial statements of the paragon subsidiary Voltabox AG due to consolidation in the paragon Group.
All corrections have already been made in the IFRS consolidated financial statements for 2018
Management aims for prompt publication of the errors identified by the FREP
Publication will follow receipt of the respective notice from the BaFin by the German Federal Gazette