MATAS A/S said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, came to 3.01 Danish kroner per share, compared with the S&P Capital IQ consensus estimate of 3.50 kroner per share.
EPS increased 12.1% year over year from 2.69 kroner.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 122.4 million kroner, an increase of 12.0% from 109.3 million kroner in the year-earlier period.
The normalized profit margin climbed to 11.8% from 10.7% in the year-earlier period.
Total revenue increased year over year to 1.04 billion kroner from 1.02 billion kroner, and total operating expenses came to 832.7 million kroner, compared with 827.2 million kroner in the prior-year period.
Reported net income increased 5.9% year over year to 143.9 million kroner, or 3.54 kroner per share, from 135.9 million kroner, or 3.34 kroner per share.
As of Feb. 4, US$1 was equivalent to 6.52 Danish kroner.
