Edag Engineering Group Ag Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 08, 2019 at 04:09 pm EST
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EDAG Engineering Group AG announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was EUR 191.212 million compared to EUR 193.627 million a year ago. Net income was EUR 4.854 million compared to EUR 7.919 million a year ago. Basic earnings per share was EUR 0.19 compared to EUR 0.32 a year ago. For the nine months, sales was EUR 583.351 million compared to EUR 583.608 million a year ago. Net income was EUR 9.368 million compared to EUR 18.999 million a year ago. Basic earnings per share was EUR 0.37 compared to EUR 0.76 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.