Brief: Paragon GmbH & Co KGaA FY Group Revenue At Around EUR 146.5 Mln

paragon GmbH & Co KgaA

20/01/2022 07:40

Jan 20 (Reuters) - PARAGON GMBH & CO KGAA  PGNG.DE :
    * PERFORMS STRONGLY IN FINAL QUARTER - ANNUAL TARGETS FULLY
ACHIEVED EVEN IN TOUGH INDUSTRY ENVIRONMENT - LARGEST ORDER IN
COMPANY HISTORY RECEIVED
    * FY GROUP REVENUE AT AROUND EUR 146.5 MILLION (PREVIOUS
YEAR: EUR
127.2 MILLION) DESPITE TEMPORARY SUPPLY CHAIN PROBLEMS AT
AUTOMOTIVE MANUFACTURERS
    * FY EBITDA MARGIN ALSO REVEALS PLEASING RISE TO TARGET
VALUE OF
13.5% (PREVIOUS YEAR: 10.8%)
    * REVENUE TARGET FOR 2026 OF EUR 250 TO 300 MILLION
    * EXTENSION OF EURO BOND TERM PLANNED IN LIGHT OF GROWTH
POTENTIAL
    * PROFITABILITY SHOULD GRADUALLY RISE FURTHER TO AN EBITDA
MARGIN
OF 20% BY 2026

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

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