Europris ASA said its normalized net income for the fourth quarter was 1.03 Norwegian kroner per share, compared with the S&P Capital IQ consensus estimate of 1.12 kroner per share.
EPS decreased year over year from 1.05 kroner.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 172.8 million kroner, a decrease from 174.7 million kroner in the year-earlier period.
The normalized profit margin fell to 10.8% from 12.4% in the year-earlier period.
Total revenue climbed 13.8% year over year to 1.60 billion kroner from 1.41 billion kroner, and total operating expenses climbed 18.3% on an annual basis to 1.32 billion kroner from 1.11 billion kroner.
Reported net income rose 46.1% from the prior-year period to 209.3 million kroner, or 1.25 kroner per share, from 143.2 million kroner, or 86 øre per share.
For the year, the company's normalized net income totaled 2.05 kroner per share, compared with the S&P Capital IQ consensus normalized EPS estimate of 2.39 kroner.
EPS rose 12.1% from 1.83 kroner in the prior year.
Normalized net income was 343.1 million kroner, an increase of 20.8% from 284.1 million kroner in the prior year.
Full-year total revenue grew 9.8% from the prior-year period to 5.09 billion kroner from 4.63 billion kroner, and total operating expenses rose 10.5% year over year to 4.50 billion kroner from 4.07 billion kroner.
The company said reported net income grew 77.0% on an annual basis to 413.7 million kroner, or 2.48 kroner per share, in the full year, from 233.8 million kroner, or 1.51 kroner per share.
As of March 30, US$1 was equivalent to 8.54 Norwegian kroner.