fabriziof
Forumer storico
– Entschuldung der paragon-Gruppe wird planmäßig fortgesetzt
Obbligazioni societarie HIGH YIELD e oltre, verso frontiere inesplorate - Vol. 2 (11 lettori)
- Creatore Discussione gionmorg
- Data di Inizio
fabriziof
Forumer storico
Si rimane a 70
risultati buoni ma..
Not yet satisfactory because the share and bond price of paragon GmbH & Co KGaA fell further. The share price does not yet reflect the revenue growth in each of the last five quarters, the clear improvement of the operating result and cash flows as well as the reduction of debt. We cannot be pleased with this. In addition to the generally skeptical environment of the capital mood in relation to the automotive industry, we identified as the primary causes for this unpleasant situation the delayed sale of our stake in Volta- box AG and still not having given the capital market a transparent repayment of the German € 50 million bond.
The numbers presented clearly prove that paragon is still suffering the effects from the current challenges facing the sector despite not being a typical automotive supplier. After lengthy, tough negotiations, the contracts for the sale of our share in Voltabox were concluded on November 12, 2021. An important milestone was able to be reached despite the negative environment.
The German bond is due in July 2022. This due date was set over four years ago. paragon has a detailed plan for the repayment of this bond. Due to the regulation on market abuse, we currently cannot publish any details regarding
the repayment. However, this does not mean that paragon doesn't have a plan. We will inform the capital market about the repayment of the bond as soon as this is legally pos- sible. We continue to ask for your patience and trust until then.
In the third quarter, the committed workforce of the paragon Group was again a fundamental pillar of our success story. We would like to sincerely thank our employees for their service and performance during this challenging situ- ation! We would also like to thank our existing shareholders for their trust and confidence.
risultati buoni ma..
Not yet satisfactory because the share and bond price of paragon GmbH & Co KGaA fell further. The share price does not yet reflect the revenue growth in each of the last five quarters, the clear improvement of the operating result and cash flows as well as the reduction of debt. We cannot be pleased with this. In addition to the generally skeptical environment of the capital mood in relation to the automotive industry, we identified as the primary causes for this unpleasant situation the delayed sale of our stake in Volta- box AG and still not having given the capital market a transparent repayment of the German € 50 million bond.
The numbers presented clearly prove that paragon is still suffering the effects from the current challenges facing the sector despite not being a typical automotive supplier. After lengthy, tough negotiations, the contracts for the sale of our share in Voltabox were concluded on November 12, 2021. An important milestone was able to be reached despite the negative environment.
The German bond is due in July 2022. This due date was set over four years ago. paragon has a detailed plan for the repayment of this bond. Due to the regulation on market abuse, we currently cannot publish any details regarding
the repayment. However, this does not mean that paragon doesn't have a plan. We will inform the capital market about the repayment of the bond as soon as this is legally pos- sible. We continue to ask for your patience and trust until then.
In the third quarter, the committed workforce of the paragon Group was again a fundamental pillar of our success story. We would like to sincerely thank our employees for their service and performance during this challenging situ- ation! We would also like to thank our existing shareholders for their trust and confidence.
| Klaus Dieter Frers | Dr. Matthias Schöllmann |
| Chief Executive Officer | Managing Director Automotive |
Ultima modifica:
waltermasoni
Caribbean Trader
Buy tim 6% usd sullo scarico
mikim
Forumer attivo
A quanto?
waltermasoni
Caribbean Trader
103.5
fabriziof
Forumer storico
Ma perché questo crollo a novembre?113 a inizio mese
e 122 a inizio anno
Fabrib
Forumer storico
Abbassato il rating del debito.