Industria de Diseño Textil SA said its normalized net income for the fiscal fourth quarter ended Jan. 31 was 21 euro cents per share, compared with the S&P Capital IQ consensus estimate of 26 cents per share.
EPS climbed 15.9% year over year from 18 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was €662.6 million, an increase of 15.8% from €572.2 million in the prior-year period.
The normalized profit margin climbed to 12.3% from 11.9% in the year-earlier period.
Total revenue grew 12.7% on an annual basis to €5.41 billion from €4.80 billion, and total operating expenses rose 12.9% on an annual basis to €4.37 billion from €3.87 billion.
Reported net income grew 15.7% on an annual basis to €813.5 million, or 26 cents per share, from €703.1 million, or 23 cents per share.
For the year, the company's normalized net income totaled 65 cents per share, compared with the S&P Capital IQ consensus normalized EPS estimate of 80 cents.
EPS rose 5.9% from 61 cents in the prior year.
Normalized net income was €2.02 billion, an increase of 5.9% from €1.91 billion in the prior year.
Full-year total revenue rose 8.3% from the prior-year period to €18.12 billion from €16.72 billion, and total operating expenses increased 9.3% year over year to €14.92 billion from €13.65 billion.
The company said reported net income rose 5.2% year over year to €2.50 billion, or 80 cents per share, in the full year, from €2.38 billion, or 76 cents per share.
