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Fielmann Q1 profit climbs 8.0% YOY

Fielmann Aktiengesellschaft said its first-quarter normalized net income came to 45 euro cents per share, compared with the S&P Capital IQ consensus estimate of 50 cents per share.

EPS climbed 8.0% year over year from 42 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was €38.1 million, a gain of 8.0% from €35.3 million in the prior-year period.

The normalized profit margin increased to 12.0% from 11.5% in the year-earlier period.

Total revenue climbed on an annual basis to €317.1 million from €306.3 million, and total operating expenses rose on an annual basis to €254.3 million from €247.6 million.

Reported net income increased 6.0% on an annual basis to €43.4 million, or 52 cents per share, from €40.9 million, or 49 cents per share.