Edag Engineering Group Ag Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 27, 2020 at 03:08 am EDT
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EDAG Engineering Group AG announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was EUR 143.381 million compared to EUR 192.279 million a year ago. Net loss was EUR 16.467 million compared to EUR 425,000 a year ago. Basic loss per share was EUR 0.66 compared to EUR 0.02 a year ago. For the half year, sales was EUR 334.649 million compared to EUR 392.139 million a year ago. Net loss was EUR 16.461 million compared to net income of EUR 4.514 million a year ago. Basic loss per share was EUR 0.66 compared to basic earnings per share of EUR 0.18 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.
EDAG ENGINEERING GROUP AG 
