Schloss Wachenheim AG said its normalized net income for the fiscal second quarter ended Dec. 31, 2014, came to 69 euro cents per share, a decrease from 70 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 €5.5 million, a decrease from €5.5 million in the prior-year period.
The normalized profit margin climbed to 5.6% from 5.2% in the year-earlier period.
Total revenue decreased 8.6% year over year to €98.2 million from €107.4 million, and total operating expenses fell 11.3% on an annual basis to €83.2 million from €93.8 million.
Reported net income grew on an annual basis to €7.4 million, or 93 cents per share, from €7.2 million, or 91 cents per share.
