Kerry Group plc said its first-half normalized net income came to 100 euro cents per share, compared with the S&P Capital IQ consensus estimate of €1.42 per share.
EPS increased 7.7% year over year from 93 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was €175.9 million, an increase of 7.9% from €163.1 million in the year-earlier period.
Total revenue grew on an annual basis to €3.18 billion from €3.04 billion, and total operating expenses rose year over year to €2.87 billion from €2.74 billion.
Reported net income increased year over year to €225.0 million, or €1.27 per share, from €222.4 million, or €1.26 per share.
