Brief: Paragon boosts 2017 forecast
21/11/2016 06:30
Nov 21 (Reuters) - Paragon AG PGNG.DE :
* Paragon boosts 2017 forecast
* Consolidated revenue now set to reach 120 million euros to 125 million euros ($127.24
million - $132.54 million) in 2017
* EBIT margin expected between 9.0 percent and 9.5 percent in 2017
* Recent developments in order backlog, particularly in electromobility division, have been
taken into consideration
* Also expects enhanced activity in quickly growing automotive market segments that paragon
serves with its technological innovations in automotive divisions for health, comfort and
efficiency
Source text for Eikon: ID:nEQ4WRPWF
Further company coverage: PGNG.DE
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