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Schloss Wachenheim fiscal Q2 profit falls YOY

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Schloss Wachenheim fiscal Q2 profit falls YOY

4916653 said its normalized net income for the fiscal second quarter ended Dec. 31, 2015, amounted to 48 euro cents per share, a decrease of 30.7% from 69 cents per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was €3.8 million, a decline of 30.7% from €5.5 million in the year-earlier period.

The normalized profit margin fell to 3.9% from 5.6% in the year-earlier period.

otal revenue totaled €98.3 million, compared with €98.2 million in the year-earlier period, and total operating expenses climbed on an Schloss Wachenheim AG