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Paragon AG (PGNG.DE)

PGNG.DE on Xetra

67.41EUR
23 Nov 2017
Change (% chg)

€0.20 (+0.30%)
Prev Close
€67.21
Open
€66.80
Day's High
€68.55
Day's Low
€66.80
Volume
10,548
Avg. Vol
14,708
52-wk High
€95.91
52-wk Low
€39.39

Latest Key Developments (Source: Significant Developments)

Paragon 9-mth ‍EBITDA rises 23.9 pct to EUR 12.6 mln​
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - PARAGON AG ::9-MONTH ‍GROUP SALES UP BY 15.0 PERCENT TO EUR 84.7 MILLION (PRIOR YEAR: EUR 73.7 MILLION)​.9-MONTH ‍EBITDA RISES 23.9 PERCENT TO EUR 12.6 MILLION (PRIOR YEAR: EUR 10.2 MILLION)​.9-MONTH ‍EBIT INCREASES 20.3 PERCENT TO EUR 6.1 MILLION (PRIOR YEAR: EUR 5.1 MILLION)​.‍REVENUE AND EARNINGS FORECAST CONFIRMED FOR WHOLE FISCAL YEAR​.  Full Article

Voltabox sets final issue price at EUR 24.00 per share
Tuesday, 10 Oct 2017 

Oct 10 (Reuters) - VOLTABOX AG ::SETS THE FINAL ISSUE PRICE AT EUR 24.00 PER SHARE.‍AT THIS ISSUE PRICE INITIAL PUBLIC OFFERING OF VOLTABOX AG WAS APPROX. 10 TIMES COVERED​.‍COMMENCEMENT OF TRADING IN VOLTABOX AG SHARES IN REGULATED MARKET OF FRANKFURT STOCK EXCHANGE IS SCHEDULED FOR OCTOBER 13, 2017​.‍OVERALL, 6.325 MILLION SHARES OF VOLTABOX AG WERE PLACED WITH INVESTORS IN CONTEXT OF IPO​.‍OVERALL PLACEMENT VOLUME AMOUNTED TO EUR 151.8 MILLION OF WHICH VOLTABOX AG GENERATED EUR 139.8 MILLION IN GROSS PROCEEDS​.‍PARAGON AG INTENDS TO REMAIN MAJORITY SHAREHOLDER OF VOLTABOX FOR FORESEEABLE FUTURE​.  Full Article

Paragon says subsidiary Voltabox AG plans to go public in autumn 2017
Monday, 11 Sep 2017 

Sept 11 (Reuters) - PARAGON AG ::ELECTRO MOBILITY SUBSIDIARY VOLTABOX AG PLANS TO GO PUBLIC IN AUTUMN 2017.‍PROCEEDS FROM PLANNED IPO ARE TO SUPPORT CONTINUED SYSTEMATIC DEVELOPMENT OF VOLTABOX'S PRODUCTS, EXPANSION OF ITS PRODUCTION CAPACITIES AND REPAYMENT OF A SHAREHOLDER LOAN TO PARAGON AG​.VOLTABOX PLANS TO ISSUE 5 MILLION NEW SHARES PLUS A GREENSHOE OPTION OF 0.825 MILLION SHARES FROM A CAPITAL INCREASE.ADDITIONALLY, ANOTHER 0.5 MILLION SHARES CURRENTLY OWNED BY PARAGON AG ARE TO BE PLACED.‍EXPECTED POST-IPO FREE FLOAT WILL BE APPROXIMATELY 40%​.PARAGON AG WILL REMAIN COMPANY'S MAJORITY SHAREHOLDER, A ROLE IT DOES NOT INTEND TO RELINQUISH IN FORESEEABLE FUTURE.  Full Article

Paragon unit Voltabox gets new major order for lithium-ion battery modules
Thursday, 30 Mar 2017 

Paragon AG : Paragon subsidiary Voltabox receives new major order for lithium-ion battery modules .New order for a total of 10 MWh will contribute to further dynamic expansion of electromobility segment in current fiscal year as planned.  Full Article

Paragon extends series production of air quality sensors for Chinese manufacturers
Monday, 26 Sep 2016 

Paragon AG : Extends series production of air quality sensors for Chinese manufacturers .Increasing utilization of production capacity at Paragon Automotive Kunshan Co., Ltd., starting 2017.  Full Article

Paragon H1 consolidated revenue up by 9.4% to EUR 48.8 mln
Tuesday, 16 Aug 2016 

Paragon AG : H1 consolidated revenue up by 9.4% to 48.8 million euros ($54.70 million)(prior year: 44.6 million euros) . Due to increased depreciation and amortization and to other operating expenses, H1 consolidated EBIT declined to 3.5 million euros (prior year: 3.8 million euros) . H1 EBITDA increases slightly to 6.8 million euros(prior year: 6.7 million euros) . H1 net result fell to 0.7 million euros (prior year: 1.9 million euros) .Revenue and earnings forecast for current fiscal year confirmed.  Full Article

Paragon announces partnership between its U.S. unit Voltabox and Joy Global Inc.
Tuesday, 28 Jun 2016 

Paragon AG : Opens up new market segment for Voltabox subsidiary via strategic partnership with leading mining equipment and services provider . Exclusive strategic partnership with leading mining equipment and services provider Joy Global Inc. .First deliveries of complex battery systems planned for fiscal year 2017.  Full Article

Paragon confirms FY 2016 outlook
Wednesday, 27 Apr 2016 

Paragon AG:Revenue and earnings forecast for FY 2016 confirmed.Consolidated revenue should grow by around 8 percent in FY 2016 and thus exceed the 100 million euros mark.Earnings should show disproportionate growth, with an EBIT margin of around 9 percent expected for FY 2016.  Full Article

Paragon AG comments on FY 2016 sales outlook
Thursday, 3 Mar 2016 

Paragon AG:For fiscal year 2016, managing board expects further growth in group sales by around 8 pct compared to 2015.  Full Article

BRIEF-Paragon 9-mth ‍EBITDA rises 23.9 pct to EUR 12.6 mln​

* 9-MONTH ‍GROUP SALES UP BY 15.0 PERCENT TO EUR 84.7 MILLION (PRIOR YEAR: EUR 73.7 MILLION)​