Brief: Paragon Id Announces First Significant Contracts In Payment Activity

Paragon Id SA

09/05/2019 06:34

May 9 (Reuters) - PARAGON ID SA  PID.PA :
    * ANNOUNCES FIRST SIGNIFICANT CONTRACTS IN PAYMENT ACTIVITY
    * SALES OF COMPONENTS FOR PAYMENT CARDS CONTRACTED FOR Q4
    * INCOME STREAMS FROM LICENSING OF INTELLECTUAL PROPERTY TO
HAVE
POSITIVE MIX EFFECT ON GROSS MARGIN OF PARAGON ID IN Q4 AND
BEYOND
    * SUBSIDIARY AMATECH GROUP LIMITED CONCLUDED NUMBER OF
CONTRACTS
IN RECENT WEEKS WHICH WILL POSITIVELY INFLUENCE COMPANY'S EBITDA
IN Q4 AND BEYOND
    * AMATECH GROUP'S ACCOUNTS HAVE BEEN CONSOLIDATED WITHIN
PARAGON
ID SINCE 1 OCTOBER 2018, WITH MODEST CONTRIBUTIONS TO REVENUES
AND TO EBITDA

Source text for Eikon:  ID:nACT58369 
Further company coverage:  PID.PA 

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