4911252 said its normalized net income for the fiscal second half ended March 28 amounted to 5 Great British pence per share, a gain from 2 pence per share in the year-earlier period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was £52.9 million, an increase from £16.3 million in the year-earlier period.
Total revenue increased 34.0% year over year to £907.1 million from £676.8 million, and total operating expenses increased 35.2% from the prior-year period to £812.9 million from £601.3 million.
Reported net income came to £59.7 million, or 6 pence per share, compared to a loss of £8.5 million, or a loss of 1 pence per share, in the prior-year period.
For the year, the company's normalized net income totaled 7 pence per share, compared with the S&P Capital IQ consensus normalized EPS estimate of 11 pence.
EPS rose from 1 pence in the prior year.
Normalized net income was £73.0 million, an increase from £11.2 million in the prior year.
ull-year total revenue increased 32.0% year over year to £1.65 billion from £1.25 billion, and total operating expenses increased 31.8% on an annual basis to £1.49 billion from £1.13 B&M European Value Retail SA.