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Galderma Group AG (FRA:PY30) Other Income (Expense) : €-32 Mil (TTM As of Dec. 2024)


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What is Galderma Group AG Other Income (Expense)?

Galderma Group AG's other income expense for the Galderma Group AG's pretax income for the six months ended in Dec. 2024 was €-7 Mil. Its other income expense for the trailing twelve months (TTM) ended in Dec. 2024 was €-32 Mil.


Galderma Group AG Other Income (Expense) Historical Data

The historical data trend for Galderma Group AG's Other Income (Expense) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Galderma Group AG Other Income (Expense) Chart

Galderma Group AG Annual Data
Trend Dec23 Dec24
Other Income (Expense)
-67.86 -32.47

Galderma Group AG Semi-Annual Data
Jun23 Dec23 Jun24 Dec24
Other Income (Expense) -34.15 -33.93 -25.08 -6.69

Galderma Group AG Other Income (Expense) Calculation

Other income expense includes minority interest. Minority interest is a significant but non-controlling ownership of less than 50% of a company's voting shares by either an investor or another company.

Other Income (Expense) for the trailing twelve months (TTM) ended in Dec. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-32 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Galderma Group AG  (FRA:PY30) Other Income (Expense) Explanation

Minority interest is reported on the consolidated income statement as a share of profit belonging to minority shareholders.


Galderma Group AG Business Description

Traded in Other Exchanges
Address
Zahlerweg 10, Zug, CHE, 6300
Galderma was formed in 1981 as a joint venture between Nestle and L'Oreal. It subsequently became a subsidiary of Nestle, called Nestle Skin Health, before being carved out and launched as a standalone company in 2019, acquired by a consortium led by Sweden-based EQT fund. The company went public in March 2024 and is listed on the SIX Swiss exchange. Galderma's science-based portfolio spans multiple dermatology categories, including injectable aesthetics, dermatological skincare, and therapeutic dermatology. It derives around 45% of net sales from the US and employs around 6,600 people.

Galderma Group AG Headlines

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