Detail akcie Paragon AG online

Business Summary: Paragon GmbH & Co KGaA is a Germany-based technology company. The Company develops, produces, and sells pioneering solutions in the fields of automotive electronics, body kinematics and electromobility. Its product portfolio to the automotive industry includes air quality management, modern display systems and high-end acoustic systems in the Electronics segment. In the Mechanics segment, paragon develops and produces active mobile aerodynamic systems. paragon's Power operating segments supplies battery management systems and traction batteries in the automotive market for battery systems. It is active in electromobility operating segment with its cutting-edge lithium-ion battery systems. The Sensors segment comprises solutions for air quality management and powertrain systems. The Acoustics segment focuses on sound systems and microphones. The Cockpit segment specializes in display instruments, charging trays, media interfaces, connectivity solutions, controls, and stepper motors.
Financial Summary: BRIEF: For the nine months ended 30 September 2024, paragon GmbH & Co KgaA revenues decreased 13% to EUR106.3M. Net loss applicable to common stockholders excluding extraordinary items decreased 62% to EUR1M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Lower net loss reflects Financial expenses decrease of 50% to EUR4.7M (expense).