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Colefax Group fiscal H1 profit falls YOY

4915463 said its normalized net income for the fiscal first half ended Oct. 31, 2014, came to 16 Great British pence per share, an increase from 16 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 £1.8 million, a decrease of 6.2% from £1.9 million in the year-earlier period.

otal revenue declined on an annual basis to £37.4 million from £39.2 million, and total operating expenses declined from the prior-year Colefax Group PLC.