Brief: Paragon Confirms Robust Operational Performance

paragon GmbH & Co KgaA

24/08/2021 06:05

Aug 24 (Reuters) - PARAGON GMBH & CO KGAA  PGNG.DE :
    * PARAGON GMBH & CO KGAA - CONFIRMS ROBUST OPERATIONAL
PERFORMANCE
    * PARAGON GMBH & CO KGAA - INCREASE IN AUTOMOTIVE BUSINESS
REVENUE
BY 51.3% COMPARED TO FIRST HALF OF PANDEMIC YEAR 2020; INCREASE
BY 18.3% COMPARED TO FIRST HALF OF 2019
    * PARAGON GMBH & CO KGAA - H1 EBITDA MARGIN OF 14.8% AT
UPPER END
OF EXPECTATIONS (PRIOR YEAR: 6.8%)
    * PARAGON GMBH & CO KGAA - FORECAST FOR FISCAL YEAR
SUBSTANTIATED:
REVENUE OF AROUND EUR 145 MILLION WITH AN EBITDA MARGIN BETWEEN
12 AND 15%, FREE CASH FLOW AT AROUND EUR 12 MILLION

Source text for Eikon:  ID:nEQ1L6Hha 
Further company coverage:  PGNG.DE 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 6600;))