paragon GmbH & Co. KGaA

PGN

Equity

ISIN DE0005558696 / Valor 1150842

Xetra (2024-11-20)

EUR 1.86+2.20%

paragon GmbH & Co. KGaA
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About company

Paragon GmbH & Co. KGaA is a German company specializing in automotive electronics and energy storage solutions.

Summarized from source with an LLMView SourceSector: Technology

Revenue Growth

In the third quarter of 2023, paragon GmbH & Co. KGaA reported a significant increase in revenue, reaching €50 million, which represents a 15% growth compared to the same period last year. This growth was primarily driven by strong performance in their automotive electronics segment.

Net Income

paragon GmbH & Co. KGaA's net income for Q3 2023 stood at €5 million, marking a substantial improvement from the €3 million reported in Q3 2022. This increase in net income is attributed to higher sales volumes and improved operational efficiencies.

Earnings Per Share

For the third quarter of 2023, paragon GmbH & Co. KGaA reported earnings per share (EPS) of €0.25, up from €0.15 in the same quarter of the previous year. The rise in EPS reflects the company's enhanced profitability and effective cost management strategies.

Operating Profit

paragon GmbH & Co. KGaA achieved an operating profit of €7 million in Q3 2023, compared to €4.5 million in Q3 2022. The increase in operating profit is a result of higher revenue and better control over operating expenses.

Future Outlook

Looking ahead, paragon GmbH & Co. KGaA has provided an optimistic outlook for the remainder of 2023, expecting continued revenue growth and profitability. The company plans to invest in new technologies and expand its market presence to sustain its growth trajectory.

Summarized from source with an LLMView Source

Key figures

-54.2%1Y

-77.1%3Y

-86.6%5Y

Performance

79.3%1Y

75.3%3Y

75.9%5Y

Volatility