Brief: Paragon FY Sales Up At EUR 146.9 Mln

paragon GmbH & Co KgaA

29/04/2022 16:25

April 29 (Reuters) - PARAGON GMBH & CO KGAA  PGNG.DE :
    * 2021 FINANCIAL STATEMENT CONFIRMS GROWTH COURSE - MARTIN
ESSER
APPOINTED TO THE MANAGEMENT BOARD AS CFO
    * GROUP SALES IN 2021 UP 15.5% TO EUR 146.9 MILLION (2020:
EUR
127.2 MILLION) - FULLY MEETING 2021 SALES FORECAST DESPITE
TEMPORARY SUPPLY CHAIN PROBLEMS AT AUTOMOTIVE MANUFACTURERS
    * EBITDA MARGIN AT 13.6% (PREVIOUS YEAR: 10.8%) WITHIN
TARGET
RANGE FOR 2021
    * FULL-YEAR FORECAST REAFFIRMED: 2022 SALES BETWEEN EUR 155
AND
165 MILLION EXPECTED WITH EBITDA MARGIN > 15%
    * OUTLOOK 2022: A FURTHER IMPROVEMENT IN EBITDA MARGIN OF
MORE
THAN 15% IS TARGETED FOR FULL YEAR

Source text for Eikon:  ID:nEQ5l8PVda 
Further company coverage:  PGNG.DE 

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