paragon GmbH & Co. KGaA
H1/2023 Results
Delbrück I August 24, 2023
"paragon's revenue increased by 7.3 % in
H1 2023"
"Sale of paragon semvox to CARIAD
closed"
"Debt reduced by over 50%. Gearing
improved to 2.6"
paragon GmbH & Co. KGaA | 2023 | 2 |
paragon in a Nutshell
>20% | 85% | Pure Automotive! | |||||
of 850 | Single-Source | ||||||
employees | |||||||
in R&D | share | ||||||
Market Leader | Every | 10 | |||||
7th | |||||||
> 300 different electronic and | vehicle is equipped with | Locations | |||||
electromechanical systems and products | paragon technology | worldwide | |||||
Globally | |||||||
35yrs | >30 | > 220 | 1st Tier | ||||
Expericence | OEMs | Vehicle Types | Supplier | ||||
served as | with paragon technology | ||||||
founded 1988 | Tier 1 | ||||||
paragon GmbH & Co. KGaA | 2023 | 3 |
35 Years of Automotive Experience
1988
Founded as electronics manufacturer in Delbrueck
1993
Launch of sensor development and production
2000s
paragon's
IPO and various acquisitions
2011
Development of modular system for electromobility
2017
Voltabox IPO
2019 -2021
Voltabox's losses burdened the consolidated report of paragon heavily
2021
Sale of all shares in
New business unit: Power
1991
Plant in Zella- Mehlis
1995
New production plant in Suhl
2012
New business unit: kinematics
2015
Opening of paragon Kunshan in China
2017
Acquisition of HS Genion
2018
Acquisition of SemVoxand LPG
2023
Business Unit Digital
Assistance sold to
CARIAD SE
paragon GmbH & Co. KGaA | 2023 | 4 |
Organizational Chart after Draw of 29.94% Call-Option
Shareholders (free | Klaus Dieter | ||||||
Brigitte | Niklas Frers | ||||||
float) 50% - 1 share | Frers | ||||||
Frers | Shareholders appoint | ||||||
50% + 1 share | |||||||
Annual General | 1/3 | 1/3 | 1/3 | Managing Directors |
Meeting | Partnership limited by Shares | ||||
Managing | |||||
Supervisory Board | paragon | paragon GmbH | |||
GmbH & Co. KGaA | Company | ||||
paragon electronic GmbH | ||||||
paragon movasys GmbH | ||||||
paragon movasys d.o.o. | paragon electroacoustic GmbH | |||||
paragon electrodrive GmbH | ETON Soundsysteme GmbH | |||||
Nordhagen Immobilien GmbH | paragon-Automotive Kunshan Co., Ltd. | |||||
99.0% 50.0% | ||||||
Hepa GmbH (JV with Hengst SE) | ||||||
paravox Automotive Private Limited | ||||||
paragon GmbH & Co. KGaA | 2023 | 5 |
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paragon GmbH & Co. KGaA published this content on 24 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 August 2023 13:36:03 UTC.