EDAG Engineering Group AG Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 11, 2021 at 02:20 am EST
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EDAG Engineering Group AG reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was EUR 173.49 million compared to EUR 150.35 million a year ago. Net income was EUR 7.03 million compared to net loss of EUR 1.33 million a year ago. Basic earnings per share from continuing operations was EUR 0.28 compared to basic loss per share from continuing operations of EUR 0.05 a year ago.
For the nine months, sales was EUR 506.17 million compared to EUR 484.99 million a year ago. Net income was EUR 8.46 million compared to net loss of EUR 17.79 million a year ago. Basic earnings per share from continuing operations was EUR 0.34 compared to basic loss per share from continuing operations of EUR 0.71 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.