on Paragon AG (ETR:PGN)
Paragon Reports Increased Earnings Amid Stable Revenue in Q1 2025
Paragon GmbH & Co. KGaA announced an increase in earnings despite stable revenue in Q1 2025. Sales remained steady at €29.3 million compared to Q4 2024, although 28.3% lower year-on-year due to reduced customer orders and the divestment of the starter battery business.
The company reported a 9.4% rise in EBITDA to €4.5 million, driven by prior cost-saving measures. The EBITDA margin improved to 15.4% from the previous year’s 10.1%. The EBIT margin also saw a significant rise to 7.6% from 2.3% last year.
Paragon confirmed its 2025 forecast, aiming for sales between €140 to €145 million and an EBITDA of €20 to €22 million. The company plans a segment switch for its bond and anticipates a sales increase in Q2.
R. P.
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