Brief: Paragon Q1 EBITDA Up At EUR 4.8 MLN

paragon GmbH & Co KgaA

08/05/2018 06:34

May 8 (Reuters) - Paragon AG  PGNG.DE :
    * DGAP-NEWS: PARAGON AG CLOSES STRONGEST FIRST QUARTER IN
COMPANY
HISTORY AND CONFIRMS FORECAST FOR 2018
    * SAYS 2018 Q1 GROUP SALES OF EUR 34.2 MILLION (PRIOR YEAR:
EUR
25.9 MILLION)
    * SAYS Q1 EBITDA ROSE 42.9% TO EUR 4.8 MILLION (PRIOR YEAR:
EUR
3.4 MILLION)
    * SAYS Q1 CASH FLOW FROM OPERATING ACTIVITIES DECREASED BY
EUR 6.0
MILLION TO EUR -8.1 MILLION (PRIOR YEAR: EUR -2.1 MILLION)
    * SAYS EXPECTS TO AGAIN GROW SIGNIFICANTLY FASTER THAN
AUTOMOTIVE
SECTOR IN 2018
    * SAYS EXPECTS TO SEE AN INVESTMENT VOLUME OF AROUND EUR 35
MILLION IN CURRENT YEAR

Source text for Eikon:  ID:nEQ1xFl53a 
Further company coverage:  PGNG.DE 

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