Paragon ID (Euronext Paris – FR0013318813 – PID)European leader in identification solutions dedicated to the e-ID, Transport & Smart Cities, Traceability & Brand Protection and Payment markets, announces that its annual revenue for the 2021 financial year /22 (ended June 30, 2022) will be above target.
On the occasion of the publication of its turnover for 3th quarter 2021/22, on April 27, 2022, the company indicated: “ Over €120m revenue now targeted in 2021/22, despite ongoing supply challenges and the uncertainty of the current economic environment. »
In a context of strong commercial activity, the end of strikes in Finnish paper mills, the easing of supply chains and the improvement of product transport conditions enabled Paragon ID to achieve sales above expectations during the May and June 2022.
The consolidated turnover of the 4th quarter of fiscal year 2021/22 (period from April to June), which will be published on July 26, 2022, therefore exceeded the expected level.
As a reminder, consolidated revenue amounted to €91.2 million for the first nine months of the 2021/22 financial year, up +51% (+36% at constant exchange rates and scope) .
Agenda financier 2022
| Turnover of 4th quarter 2021/22 | July 26, 2022 |
| Annual results 2021/22 | October 25, 2022 |
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These dates are given as an indication, they are likely to be modified if necessary. The publications will take place before the opening of the Euronext markets.
About Paragon ID
Paragon ID is a champion of identification solutions dedicated to the e-ID, Transport & Smart Cities, Traceability & Brand Protection, and Payment markets. Paragon ID employs nearly 650 people and has production sites located in the United States and Europe, close to its customers.
Listed on Euronext Paris (Euronext Paris – Name: Paragon ID – ISIN code: FR0013318813 – Mnemonic code: PID), Paragon ID’s reference shareholder is Paragon Group, a leading supplier in the fields of commercial communication, identification solutions and graphics services. Paragon Group achieved a turnover of €1.5 billion and employs more than 9,000 people. Paragon Group combines its many years of experience with the latest innovations in technology and smart data to enable fast and relevant interactions between organizations and their customers. More information : Paragon-europe.com.
More information on Paragon-id.com.
Contacts
| Paragon ID Clem Garvey General director Such. : +33 (0)2 48 81 61 00 [email protected] |
ACTUS finance & communication Investor relations All Mathieu Such. : +33 (0)1 53 67 36 92 [email protected] |
ACTUS finance & communication Relation presse Fatou-Kine N’Diaye Such. : +33 (0)1 53 67 36 34 [email protected] |
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