EDAG Engineering Group AG Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 26, 2021 at 07:17 pm EDT
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EDAG Engineering Group AG announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was EUR 176.592 million compared to EUR 143.381 million a year ago. Net income was EUR 3.491 million compared to net loss of EUR 16.467 million a year ago. Basic earnings per share from continuing operations was EUR 0.14 compared to basic loss per share from continuing operations of EUR 0.66 a year ago. For the half year, sales was EUR 332.675 million compared to EUR 334.649 million a year ago. Net income was EUR 1.434 million compared to net loss of EUR 16.461 million a year ago. Basic earnings per share from continuing operations was EUR 0.06 compared to basic loss per share from continuing operations of EUR 0.66 a year ago.
Galderma Group AG is a Switzerland based holding Company, specializing in dermatological treatments and skin care products. The Company, throw its subsidiaries, operates of portfolio a various self-care brands focusing primarily on dermatological solutions, through its subsidiaries. Products within the portfolio include neuromodulators, fillers, and biostimulators. These products are designed to relax wrinkles via injects, fill wrinkles in a specific location via injection and stimulate the body's cells to function optimally. The production process, for the various products primarily takes place in house, from research and development to manufacturing. In addition, other value adding platforms, including education, scientific engagements, and other services are offered.