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PGN paragon GmbH & Co KgaA News Story

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Brief: Paragon Q1 revenue up 11.4 percent to 21.2 million euros

May 12 (Reuters) - Paragon AG  PGNG.DE : 
    * Q1 revenue with substantial growth of 11.4 percent to 21.2 
million euros ($24 million) 
    * Q1 EBIT more than doubled from 0.6 million euros in 
previous year to 1.4 million euros 
    * Full-Year 2015 revenue and earnings forecasts confirmed 
    * Is targeting for 2015 consolidated revenue of up to 100 
million euros and unadjusted EBIT margin of around 10 percent 
    * Consolidated net income at Paragon AG according to IFRS as 
of March 31, also rose sharply to 0.8 million euros (prior year: 
0.1 million euros) 
 
Source text for Eikon:  ID:nEQ46cs6Qa  
Further company coverage:  PGNG.DE  
 
($1 = 0.8946 euros) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 698 39 20;))

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