Brief: Paragon Reports Qtrly Revenue of EUR 29.5 Mln

paragon GmbH & Co KgaA

20/08/2020 19:50

Aug 20 (Reuters) - Paragon GmbH & Co KGaA  PGNG.DE :
    * DGAP-NEWS: PARAGON SOLIDLY REACHES DOUBLE-DIGIT GROWTH IN
2019
EVEN WITH SHRINKING OVERALL MARKET - ROBUST FIRST QUARTER OF
2020 DESPITE CORONAVIRUS
    * Q1 EBIT LOSS -119.9 MILLION EUR
    * MANAGEMENT EXPECTS REVENUE IN AUTOMOTIVE BUSINESS TO REACH
BETWEEN EUR 105 AND 115 MILLION IN FISCAL YEAR 2020
    * FORECAST FOR 2020 CONFIRMED: AUTOMOTIVE REVENUE BETWEEN
EUR 105
AND 115 MILLION WITH AN EBITDA MARGIN OF 8 TO 12%
    * QTRLY REVENUE OF EUR 29.5 MILLION WITH AN EBITDA MARGIN OF
6.8%

Source text for Eikon:  ID:nEQ14P5x7a 
Further company coverage:  PGNG.DE 

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