Anpario PLC said its normalized net income for the full year amounted to 11 Great British pence per share, a gain of 15.4% from 10 pence per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was £2.3 million, an increase of 16.8% from £1.9 million in the year-earlier period.

The normalized profit margin rose to 9.7% from 8.3% in the year-earlier period.

Total revenue totaled £23.3 million, compared with £23.4 million in the year-earlier period, and total operating expenses declined from the prior-year period to £19.8 million from £20.4 million.

Reported net income grew 9.4% year over year to £3.2 million, or 16 pence per share, from £3.0 million, or 15 pence per share.