paragon AG increased its consolidated revenues in fiscal year 2015 by 20.2% from € 79.0 million to € 95.0 million, thus achieving the highest growth since 2006. EBIT (Earnings Before Interest and Taxes) rose disproportionately by 24.9% to € 7.8 million (previous year € 6.3 million), despite the largest annual investment in the company’s history of € 33.2 million. The EBIT margin improved from 7.9% to 8.2%. Expenses in connection with the development of new business meant that the adjusted EBIT rose from € 9.3 million by 29.6% to € 12.0 million with the adjusted EBIT margin improving from 11.7% to 12.6%. Similarly in fiscal year 2016, paragon AG expects a sales growth rate above industrial sector. Having exceeded the investment phase peak paragon AG, direct supplier to the automotive industry, predicts an increase in the EBIT margin.
Highest sales growth since 2006, rising by over 20% to € 95 million
Biggest investment in company’s history
Simultaneously, EBIT disproportionately improved
2016 Forecast: again revenue growth faster than industrial sector´s