TAKKT AG said its first-quarter normalized net income came to 33 euro cents per share, compared with the S&P Capital IQ consensus estimate of 32 cents per share.
EPS increased 25.9% year over year from 26 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was €21.9 million, a gain of 25.9% from €17.4 million in the year-earlier period.
The normalized profit margin rose to 8.7% from 7.3% in the year-earlier period.
Total revenue rose 5.7% on an annual basis to €252.4 million from €238.7 million, and total operating expenses rose 5.0% on an annual basis to €220.6 million from €210.1 million.
Reported net income increased 35.7% on an annual basis to €25.1 million, or 38 cents per share, from €18.5 million, or 28 cents per share.
