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Natra SA swings to profit in Q3

Natra S.A. said its normalized net income for the third quarter came to €1.1 million, compared with a loss of €401,880 in the year-earlier period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin rose to 1.1% from negative 0.4% in the year-earlier period.

Total revenue grew 6.2% year over year to €95.8 million from €90.3 million, and total operating expenses climbed 5.3% year over year to €91.3 million from €86.7 million.

Reported net income totaled €644,000, compared with a loss of €885,000 in the prior-year period.