Conviviality Plc said its normalized net income for the fiscal second half ended April 26 amounted to 6 Great British pence per share, a decline from 6 pence per share in the prior-year period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was £4.0 million, a decline of 9.2% from £4.4 million in the year-earlier period.
Total revenue rose 5.3% year over year to £181.2 million from £172.1 million, and total operating expenses increased 5.7% from the prior-year period to £174.7 million from £165.3 million.
Reported net income grew 10.6% on an annual basis to £4.9 million, or 7 pence per share, from £4.4 million, or 6 pence per share.
For the year, the company's normalized net income totaled 9 pence per share, compared with the S&P Capital IQ consensus normalized EPS estimate of 11 pence.
EPS declined 7.2% from 9 pence in the prior year.
Normalized net income was £6.1 million, a gain from £5.8 million in the prior year.
Full-year total revenue increased year over year to £364.1 million from £355.7 million, and total operating expenses rose year over year to £354.4 million from £345.7 million.
The company said reported net income grew 98.7% on an annual basis to £7.0 million, or 10 pence per share, in the full year, from £3.5 million, or 6 pence per share.