Brief: Paragon Q1 Revenue Up 33%

paragon GmbH & Co KgaA

27/04/2021 06:05

April 27 (Reuters) - Paragon GmbH & Co KGaA  PGNG.DE :
    * INCREASE IN REVENUE OF 33% IN Q1 OF 2021 COMPARED WITH
SAME
PERIOD IN PREVIOUS YEAR.
    * FROM JANUARY TO MARCH, TIER 1 SUPPLIER GENERATED REVENUE
OF EUR
39.2 MILLION WITH ITS AUTOMOTIVE CUSTOMERS.
    * Q1 EBITDA MARGIN AMOUNTS TO 15.4%
    * IN CURRENT FISCAL YEAR, PARAGON AUTOMOTIVE EXPECTS TO
GENERATE
AROUND EUR 145 MILLION IN REVENUE
    * REAFFIRMS ITS EXPECTATIONS OF AN EBITDA MARGIN OF 12-15%
AND
FREE CASH FLOW OF AROUND EUR 12 MILLION FOR 2021 AS A WHOLE.

Source text for Eikon:  ID:nEQzD0Tha 
Further company coverage:  PGNG.DE 

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