Brief: Paragon FY EBITDA rises to 16.1 million euros
27/03/2017 07:00
March 27 (Reuters) - Paragon AG PGNG.DE
* Once again grows faster than the market in 2016 and
targets further acceleration
* FY consolidated revenue up 8.2 percent to 102.8 million
euros ($111.52 million) (prior year: 95.0 million euros)
* FY EBITDA rises particularly strongly to 16.1 million
euros (prior year: 14.2 million euros)
* Forecast for 2017: revenue of 120 to 125 million euros -
with an EBIT margin of 9.0 to 9.5 percent and 27 million euros
in investments
* FY EBIT margin now at 8.7 percent (prior year: 8.2
percent)
* FY EBIT increased 14.4 percent to 8.9 million euros (prior
year: 7.8 million euros)
* FY earnings before taxes (EBT) managed to increase to 5.8
million euros (prior year: 5.0 million euros)
* Management board expects to see an investment volume of
around 27 million euros in current year
Source text for Eikon: ID:nEQ5fJcsT
Further company coverage: PGNG.DE
($1 = 0.9218 euros)
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