Paragon AG Value Stock - Dividend - Research Selection
Paragon
ISIN: DE0005558696 , WKN: 555869
Market price:
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Description of the company
paragon AG develops, manufactures, and sells electronic components and sensors for the automotive industry in Germany and internationally. It operates through three segments: Electronics, Electromobility, and Mechanics. The company offers aerodynamic solutions, such as spoiler systems, windshields, and radiator louvers; window shades, arm rests, and cargo tarpaulins; peripheral devices for convertible tops comprising side panels, hinges, motor drives, and wind-blocking systems; safety products, including isolators and locks on charger plugs; and battery systems based on lithium-ion technology for industrial applications. It also provides smartphone and media interfaces, control panels, rear view camera systems, instruments, and special stepper motors; steering wheel gearshift paddles, boot lid buttons, climate control units, reclining seat remote controls, and touch steering wheel controls; micro phones and system solutions; air quality sensors, air quality improvers, A/C purifiers, CO2 sensors, PM2.5 particle sensors, and odorifiers; and clutch travel sensors, all-gear sensors, and start-stop-sensors. paragon AG markets and sells its products directly to the automotive manufacturers. The company was founded in 1988 and is headquartered in Delbrück, Germany.