4911933 said its fourth-quarter normalized net income was 23 euro cents per share, compared with the S&P Capital IQ consensus estimate of 39 cents per share.

EPS declined 32.3% year over year from 33 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was €6.6 million, a decrease of 30.5% from €9.5 million in the year-earlier period.

The normalized profit margin dropped to 1.4% from 2.6% in the year-earlier period.

Total revenue declined year over year to €351.0 million from €363.4 million, and total operating expenses decreased year over year to €338.1 million from €345.8 million.

Reported net income declined 76.5% from the prior-year period to €3.2 million, or 11 cents per share, from €13.6 million, or 48 cents per share.

For the year, the company's normalized net income totaled 54 cents per share, compared with the S&P Capital IQ consensus normalized EPS estimate of 68 cents.

EPS declined 23.8% from 71 cents in the prior year.

Normalized net income was €15.2 million, a decrease of 23.8% from €20.0 million in the prior year.

ull-year total revenue fell 6.0% on an annual basis to €1.34 billion from €1.43 billion, and total operating expenses decreased 5.8% year over year to €1.31 billion fro Atria Oyj.