paragon AG  / Key word(s): Preliminary Results

22.02.2012 16:55

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
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The issuer is solely responsible for the content of this announcement.

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Forecasts for fiscal 2011 exceeded
Revenues rose by 11% according to preliminary figures
Earnings rose faster than revenue

Delbrück, 22. February 2012 - paragon AG has exceeded the forecasts of the
Managing Board for fiscal 2011. The Company is reporting preliminary
figures pending confirmation by the auditors. According to these figures,
revenue has increased by 11% to approximately EUR 67 million (prior year:
EUR 60.4 million). The operating margin (EBIT in relation to sales)
attained roughly 13% (prior year: 8.6%).

paragon carried on with the successful developments of the first nine
months in the final quarter of 2011. Despite the customary seasonal
influences, the direct supplier to the automotive industry achieved
quarterly sales in excess of EUR 16 million.

EBITDA grew by 26% to approximately EUR 13 million (prior year: EUR 10.3
million) during fiscal 2011 according to the Company's calculations.
Preliminary figures indicate that EBIT climbed by 70% to approximately EUR
9 million (prior year: EUR 5.2 million).

paragon will present the complete and audited annual report for fiscal 2011
during the press conference on financial statements to be held March 22,
2012 at the Company's headquarters in Delbrück, Germany.

 
Portrait

paragon AG, listed in the Prime Standard of Deutsche Börse in Frankfurt
develops, produces and markets innovative solutions in the field of
automotive electronics. The portfolio of this direct supplier to the
automotive industry includes products in the field of air quality, power
train, acoustics, cockpit, stepper motors, media interfaces and controls.
One excellent product is the undoubtedly world leading air quality sensor,
AQS. Apart from its headquarters in Delbrück (North Rhine-Westphalia) there
are branches in Suhl (Thuringia), Nuremberg (Bavaria) and St. Georgen
(Baden-Württemberg).

Contact

paragon AG
Schwalbenweg 29
33129 Delbrück
Tel.: +49 (0) 52 50 - 97 62-0
Fax: +49 (0) 52 50 - 97 62-60
Internet: www.paragon-online.de
Email: info@paragon-online.de

Press officer
Matthias Hack
Tel.: +49 (0) 52 50 - 97 62-141
Mobile: +49 (0) 162 1010724
Fax: +49 (0) 52 50 - 97 62-60
Email:  matthias.hack@paragon-online.de


22.02.2012 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language:     English
Company:      paragon AG
              Schwalbenweg 29
              33129 Delbrück
              Germany
Phone:        +49 (0)5250 97 62 - 0
Fax:          +49 (0)5250 97 62 - 60
E-mail:       investor@paragon-online.de
Internet:     www.paragon-online.de
ISIN:         DE0005558696
WKN:          555869
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Düsseldorf, Hamburg, München, Stuttgart
 
End of Announcement                             DGAP News-Service
 
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