Brief: Paragon FY sales up 20 pct to EUR 95 mln
03/03/2016 11:09
March 3 (Reuters) - Paragon AG PGNG.DE :
* FY highest sales growth since 2006, rising by over 20 pct to 95 million euros ($103.34
million)
* FY EBIT rose disproportionately by 24.9 pct to 7.8 million euros (previous year 6.3
million euros)
* Fy rise in adjusted EBITDA of 37.9 pct to 18.7 million euros (previous year: 13.5 million
euros)
* FY net income rose to 3.4 million euros from 2.8 million euros
* For fiscal year 2016, managing board expects further growth in group sales by around 8
pct compared to 2015, which once again clearly exceeds industrial sector's average
* Planned investments in 2016 amounting to 14.0 million euros, expenditure is less than
half that of 2015 and, in fact, below level of 2014
Source text for Eikon: ID:nEQ6HLHkJa
Further company coverage: PGNG.DE
($1 = 0.9193 euros)
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