Positive performance continues

paragon AG / Key word(s): Quarter Results 21.11.2012 08:12 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Delbrück, Germany, November 21, 2012 - paragon AG increased its revenue in the first nine months of 2012 by 6.9% to EUR 54.5 million (prior year: EUR 51.0 million). On September 30, 2012, the EBIT margin in relation to revenue was at 13.5%; the EBITDA margin reached 18.9%. Compared to the prior year, the absolute earnings figures declined slightly: EBIT by 1.8% (from EUR 7.5 million to EUR 7.3 million) and EBITDA by 3.2% (from EUR 10.6 million to EUR 10.3 million). As at September 30, 2012, paragon posted net income for the year according to IFRS of EUR 4.7 million (prior year: EUR 4.6 million); this resulted in earnings per share of EUR 1.13 (prior year: EUR 1.13). In the first nine months of 2012, paragon increased the equity-to-assets ratio to 32.7% (prior year: 20.5%). Concurrently, the interest-bearing liabilities dropped by 17.4% to EUR 13.8 million (prior year: EUR 16.7 million); net debt even declined by 18.4% to EUR 5.9 million (prior year: EUR 7.2 million). Despite the volatile market, the Managing Board confirms its previous forecast for 2012 (single-digit increase in sales compared to 2011, EBIT margin roughly the same as in 2011). For 2013, the Managing Board expects the first quarter to be rather subdued, possibly related to widespread plant holidays of the manufacturers at the turn of the year 2012/2013, with generally slight growth in sales and a double-digit EBIT margin. In the medium term, paragon predicts a pick-up in the rate of growth. Portrait paragon AG has steadily grown to become one of the best-known suppliers to the automotive industry since its founding in 1988 in the Westphalian town of Delbrück. Listed on the stock exchange since 2000, paragon uses innovative solutions that not only improve communication but also make the driving experience healthier, more comfortable, and more efficient. Every worker at paragon is passionate about automobiles. Every day they strive to be inventive, better and unique in all they do. Their dedication goes far beyond sensors and solutions for automotive interiors, however. Increasingly, paragon has been embracing more sophisticated systems such as electric vehicles and kinematics. 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.ag Email: info@paragon.ag 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.ag 21.11.2012 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- 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.ag Internet: www.paragon.ag ISIN: DE0005558696 WKN: 555869 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------