Paragon AG provided earnings guidance for the year 2017. The Managing Board increased its revenue expectations for 2017, taking into account the planning for 2017 that was recently approved by the Supervisory Board. Since November 2015, the company has consistently anticipated revenue growth of 15% to 20% from its expected total revenue of approximately EUR 102 million for 2016. This would correspond to total revenues of EUR 117 million to EUR 122 million for 2017. The new revenue forecast of EUR 120 to EUR 125 million for the upcoming fiscal year is clearly at the higher end of the Managing Board's expectations. Here, the recent developments in the order backlog, particularly in the Electromobility division, have been taken into consideration. The Managing Board also expects enhanced activity in the quickly growing automotive market segments that paragon serves with its technological innovations in the automotive divisions for health, comfort and efficiency. However, the Managing Board anticipates that the launch of new products in these areas will only impact revenues and earnings starting in 2018. The Managing Board also set an initial target corridor for profitability for the 2017 fiscal year. According to this, the company should achieve an EBIT margin between 9.0% and 9.5% in 2017, which corresponds to an EBIT (earnings before interest and taxes) in the double-digit millions.