paragon AG Confirms FY 2012 Sales and EBIT Margin Guidance, Issues Q1 FY 2013 Sales and EBIT Margin Guidance

paragon AG announced that it confirms its previous forecast for the fiscal year 2012 (single-digit increase in sales compared to the fiscal year 2011, EBIT margin the same as in fiscal year 2011). For fiscal year 2013, the Management Board expects the first quarter to be rather subdued, with a slight growth in sales and a double-digit EBIT margin. According to I/B/E/S Estimates, analysts on average are expecting the Company to report fiscal year 2012 revenue of EUR 72.35 million.