William Hill Ltd. said its normalized net income for the first half amounted to 9 Great British pence per share, compared with the S&P Capital IQ consensus estimate of 12 pence per share.

EPS declined 12.1% year over year from 11 pence.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was £82.1 million, a decline of 11.4% from £92.6 million in the first half ended July 1, 2014.

Total revenue came to £808.1 million, compared with £805.2 million in the year-earlier period, and total operating expenses grew from the prior-year period to £657.9 million from £633.0 million.

Reported net income fell 28.9% from the prior-year period to £69.9 million, or 8 pence per share, from £98.3 million, or 11 pence per share.