EDAG Engineering Group AG Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 08, 2023 at 08:10 pm EST
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EDAG Engineering Group AG reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was EUR 206.96 million compared to EUR 207.58 million a year ago. Net income was EUR 9.61 million compared to EUR 7.06 million a year ago. Basic earnings per share from continuing operations was EUR 0.38 compared to EUR 0.28 a year ago.
For the nine months, sales was EUR 627.87 million compared to EUR 588.83 million a year ago. Net income was EUR 23.58 million compared to EUR 20.96 million a year ago. Basic earnings per share from continuing operations was EUR 0.94 compared to EUR 0.84 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.