DGAP-News

paragon AG publishes final 2014 consolidated annual financial statements - Seite 2

confident that we will soon be able to report further success stories. In
the years ahead, we will see very dynamic developments here."

Key earnings figures outstripped expectations in the past fiscal year.
Adjusted EBITDA amounted to EUR 13.5 million (prior year: EUR 12.5 million)
thus reflecting the company's pleasing operating performance, resulting in
an EBITDA margin of 17.1% (prior year: 16.9%). Unadjusted EBITDA totaled
EUR 10.5 million with an EBITDA margin of 13.3%. Annual net income came in
at EUR 2.8 million as against EUR 3.9 million in the previous year.
Finally, earnings per share amounted to EUR 0.67 compared with EUR 0.96
last year.

For fiscal year 2015, the Managing Board now expects consolidated revenues
about EUR 100 million. Alongside a strong performance of Voltabox, this
growth will also be driven by the excellent order situation for AQI and AQS
air quality sensors and the booming sales of microphones, display
instruments, and back-up cameras. The recent acquisition of SphereDesign
GmbH is now included in the revenue target for the first time. The
unadjusted EBIT margin is set to reach around 10%. "In 2015, our revenues
and earnings will already clearly benefit from the investments made in
recent years and that although we will continue to invest heavily in
Germany and abroad this year as well. Our pipeline is full for the years
ahead."

Company profile

Listed in the regulated market (Prime Standard) of Deutsche Börse AG in
Frankfurt am Main, paragon AG develops, produces, and sells advanced
automotive electronics solutions. The portfolio of this direct supplier to
the automotive industry includes products in the following business
segments: Sensors, Acoustics, Cockpit, Electromobility, and Body
Kinematics. Headquartered in Delbrück (North Rhine-Westphalia), paragon AG
has branches in Suhl (Thuringia), Nuremberg (Bavaria), and St. Georgen
(Baden-Württemberg), the subsidiary SphereDesign in Bexbach (Saarland), a
sales office in Shanghai (China), and a subsidiary in Austin (Texas, United
States).

Contact

paragon AG
Schwalbenweg 29
33129 Delbrück
Germany
Tel.: [phone] - 97 62-0
Fax: [phone] - 97 62-60
Internet: www.paragon.ag
E-mail: [e-mail]

Financial press & investor relations contact
Instinctif Deutschland GmbH
Michael Müller
Tel.: [phone]
E-mail: [e-mail]



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Language: English
Company: paragon AG
Schwalbenweg 29
33129 Delbrück
Germany
Phone: [phone] - 0
Fax: [phone] - 60
E-mail: [e-mail]
Internet: www.paragon.ag
ISIN: DE0005558696, DE000A1TND93
WKN: 555869, A1TND9
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart


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