Damartex said its normalized net income for the fiscal first half ended Dec. 31, 2014, was €1.17 per share, a decrease of 7.1% from €1.26 per share in the year-earlier period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was €8.4 million, a decrease of 7.4% from €9.0 million in the prior-year period.
Total revenue fell year over year to €370.5 million from €375.5 million, and total operating expenses came to €356.9 million, compared with €360.4 million in the year-earlier period.
Reported net income fell 9.0% on an annual basis to €10.9 million, or €1.53 per share, from €12.0 million, or €1.67 per share.
