Brief: Paragon ID H1 EBITDA Down At EUR 3.5 Mln

Paragon Id SA

30/03/2021 06:09

March 30 (Reuters) - Paragon ID SA  PID.PA :
    * PARAGON ID SHOWING RESILIENCE IN H1 2020/21
    * HALF-YEAR TURNOVER DOWN -28% (DOWN -37% AT CONSTANT
EXCHANGE
RATES AND SCOPE), HEAVILY IMPACTED BY THE PANDEMIC
    * HALF-YEAR EBITDA PERCENTAGE MARGIN LARGELY PRESERVED AT
8.6%
(9.3% IN PRIOR YEAR)
    * IN H1 PARAGON ID RECORDED CONSOLIDATED SALES OF €40.7
MILLION
    * IN H1 EBITDA OF €3.5 MILLION
    * CASH AVAILABLE WAS EUR 12.6 MILLION AS OF DECEMBER 31,
2020
    * H1 NET LOSS EUR 2.7 MILLION VERSUS LOSS EUR 0.6 MILLION
YEAR AGO
    * DOES NOT COMMUNICATE FINANCIAL TARGETS FOR END OF 2020/21
FINANCIAL YEAR
    * IN THE SHORT TERM, PARAGON ID DOES NOT YET SEE TANGIBLE
SIGNALS
OF RECOVERY FOR ITS HISTORICAL ACTIVITIES

Source text for Eikon:  ID:nACT68422 
Further company coverage:  PID.PA 

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