Energizer Holdings Inc. said its normalized net income for the fiscal first quarter ended Dec. 31, 2014, came to $59.4 million, a fall from $61.6 million in the year-earlier period.
Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.
The normalized profit margin climbed to 11.9% from 10.8% in the year-earlier period.
Total revenue decreased 11.8% year over year to $501.3 million from $568.6 million, and total operating expenses fell 12.6% on an annual basis to $396.5 million from $453.7 million.
Reported net income came to $61.7 million, compared with $58.0 million in the year-earlier period.
