Brief: Paragon Q1 Sales Up 6.3% To EUR 41.7 Mln

paragon GmbH & Co KgaA

16/05/2022 06:34

May 16 (Reuters) - PARAGON GMBH & CO KGAA  PGNG.DE :
    * PARAGON WITH GOOD START TO THE YEAR AND GROWING ORDER
BACKLOG -
OUTLOOK SPECIFIED
    * Q1 SALES ROSE 6.3 PERCENT TO 41.7 MILLION EUR
    * Q1 FIRST-QUARTER SALES UP 6.3% TO EUR 41.7 MILLION
(PRIOR-YEAR
QUARTER: EUR 39.2 MILLION)
    * Q1 CURRENT ORDER BACKLOG INCREASED BY APPROX. 17 %
    * OUTLOOK 2022: LIFTED TO UPPER END OF TARGET, NOW AT EUR
165
MILLION IN SALES WITH AN EBITDA MARGIN OF MORE THAN 15%
    * Q1 EBITDA FOR CURRENT PERIOD, INCLUDING NEGATIVE SPECIAL
EFFECTS
FROM NON-CASH LOSSES ARISING FROM EXCHANGE RATE DIFFERENCES AND
AN ASSET SALE AMOUNTING TO A TOTAL OF EUR 0.9 MILLION

Source text for Eikon:  ID:nEQ698czQa 
Further company coverage:  PGNG.DE 

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