Strong Growth in 2011

paragon AG / Key word(s): Final Results 12.03.2012 15:43 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, March 12, 2012. At today's meeting, the Supervisory Board of paragon AG approved and adopted all of the preliminary figures for fiscal year 2011. During the reporting period, revenue increased by 11.1% to EUR 67.1 million (2010: EUR 60.4 million). EBITDA grew even more than revenue with a surge of 26.3% to EUR 13.0 million (2010: EUR 10.3 million), and EBIT climbed an impressive 69.6% to EUR 8.8 million (2010: EUR 5.2 million). Both the EBITDA margin of 19.4% (2010: 16.9%) and the EBIT margin of 13.2% (2010: 8.6%) surpassed the projections made at the start of 2011. Net income reached EUR 5.3 million (2010: EUR 3.8 million), leading to earnings per share of EUR 1.30 (2010: EUR 0.92). Equity increased by 120% to EUR 9.8 million as of December 31, 2011 (2010: EUR 4.5 million). With total assets coming to EUR 41.4 million, the equity-to-assets ratio reached 23.7% (2010: 10.3%). Free liquidity rose to EUR 11.2 million (2010: EUR 6.0 million). Interest-bearing liabilities stood at EUR 14.7 million (2010: EUR 20.6 million), while net debt amounted to EUR 8.1 million (2010: EUR 13.6 million). Operating cash flow was EUR 8.6 million (2010: EUR 5.0 million). Thanks to the Company's high order backlog and numerous new product launches, the Managing Board expects revenues to continue growing in the single-digit percentage range in 2012 and 2013. Earnings (EBIT) performance will approximate the trend in 2011. paragon will present the full, audited annual report for fiscal year 2011 as planned on March 22, 2012 at its financial statements press conference at the Company's headquarters in Delbrück. 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, stepper motors, media interfaces cockpit and electromobility. 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 12.03.2012 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-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 ---------------------------------------------------------------------------