paragon AG reaffirmed earnings guidance for the year 2017. For the year, adjusted EBIT margin expected within the target range of 9.0% to 9.5%.

For the year, unaudited group sales increased by around 20% to approximately EUR 124 million compared to EUR 102.8 million a year ago. The performance in the Electromobility and Mechanics operating segments was a key factor in the company's growth spurt of 20%.