EL.En. S.p.A. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 12, 2021 at 04:51 am EST
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EL.En. S.p.A. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was EUR 131.39 million compared to EUR 105.65 million a year ago. Revenue was EUR 142.96 million compared to EUR 115.8 million a year ago. Net income was EUR 13.73 million compared to EUR 7.93 million a year ago.
For the nine months, sales was EUR 405.3 million compared to EUR 268.17 million a year ago. Revenue was EUR 431.78 million compared to EUR 291.71 million a year ago. Net income was EUR 45.56 million compared to EUR 16.88 million a year ago.
El En SpA is an Italy-based company primarily engaged in the production of laser systems. It controls a group of companies active in the manufacture, research, development, distribution and sale of laser equipment.The Company's range of products includes laser systems for dermatology, surgery, cosmetics, physiotherapy, dentistry and gynaecology, laser systems for cutting, marking and welding of metals, wood, plastic and glass; decoration of leather and fabrics, conservative restoration of works of art. The Company also offers accessories, after-sale services and consulting in the related areas.