Brief: Paragon H1 EBITDA At EUR 3.4 Mln

paragon GmbH & Co KgaA

04/09/2020 06:04

Sept 4 (Reuters) - PARAGON GMBH & CO KGAA  PGNG.DE :
    * FORECAST FOR AUTOMOTIVE BUSINESS IN 2020 RAISED: REVENUE
NOW
BETWEEN EUR 110 AND 120 MILLION WITH AN EBITDA MARGIN BETWEEN 8
AND 12% EXPECTED - POSITIVE TREND FORESEEABLE FOR 2021 AND 2022
    * POSITIVE OUTLOOK FOR A SUCCESSFUL SECOND HALF OF YEAR -
REVENUE
BETWEEN EUR 60 AND 70 MILLION (PRIOR YEAR: EUR 71.4 MILLION)
    * AUTOMOTIVE REVENUE AT EUR 50.0 MILLION IN FIRST HALF OF
YEAR
(PRIOR YEAR: EUR 64.0 MILLION)
    * H1 (EBITDA) TOTALED EUR 3.4 MILLION (PRIOR YEAR: EUR 5.1
MILLION)
    * H1 EBIT) DECREASED TO EUR -5.6 MILLION (PRIOR YEAR: EUR
-1.8
MILLION)
    * H1 RESULT FROM CONTINUING OPERATIONS OF EUR -8.1 MILLION
(PRIOR
YEAR: EUR -4.0 MILLION)

Source text for Eikon:  ID:nEQ2sX9hZa 
Further company coverage:  PGNG.DE 

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