paragon AG upheld the very strong business performance already seen in the first half of the year in the third quarter as well and further boosted its revenue momentum in particular. At € 67.4 million, consolidated revenue for the first nine months of 2015 was 20.4% ahead of the figure of € 56.0 million for the prior year’s period. In the 3rd quarter alone, revenue surged by 24.9% to € 22.7 million. EBIT more than doubled to € 4.6 million (prior year: € 2.0 million), while the EBIT margin also rose sharply from 3.6% to 6.8%. Indications for the rest of the year also remain positive.
9 month revenue 20.4% up on prior year
EBIT margin almost doubles year-on-year
Sharp rise in operating cash flow to € 6.6 million (prior year´s period: € -0.3 million)