27-03-2017 | Corporate & Ad-hoc news | Financial news

paragon AG once again grows faster than the market in 2016 and targets further acceleration

paragon AG [ISIN DE0005558696] published its results for fiscal year 2016 and its forecast for the current fiscal year.


  • Consolidated revenue up 8.2% to € 102.8 million (prior year: € 95.0 million)

  • Electromobility grows 92.7 percent to € 14.3 million (prior year: € 7.4 million) – share of consolidated revenue increases to 13.9 percent (prior year: 7.8 percent)

  • EBITDA rises particularly strongly to € 16.1 million (prior year: € 14.2 million)

  • EBIT margin now at 8.7 percent (prior year: 8.2 percent)

  • Forecast for 2017: Revenue of € 120 to 125 million – with an EBIT margin of 9.0 to 9.5 percent and € 27 million in investments

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