AmRest Holdings SE said its fourth-quarter normalized net income amounted to 1.53 zlotys per share, compared with the S&P Capital IQ consensus estimate of 1.10 zlotys per share.
EPS climbed 40.4% year over year from 1.09 zlotys.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 32.4 million zlotys, an increase of 40.4% from 23.1 million zlotys in the prior-year period.
The normalized profit margin climbed to 3.6% from 2.9% in the year-earlier period.
Total revenue rose 14.8% year over year to 917.9 million zlotys from 799.6 million zlotys, and total operating expenses grew 14.2% on an annual basis to 867.8 million zlotys from 759.9 million zlotys.
Reported net income grew year over year to 41.8 million zlotys, or 1.97 zlotys per share, from 7.3 million zlotys, or 34 groszy per share.
For the year, the company's normalized net income totaled 5.32 zlotys per share, compared with the S&P Capital IQ consensus normalized EPS estimate of 7.15 zlotys.
EPS rose 63.8% from 3.25 zlotys in the prior year.
Normalized net income was 112.9 million zlotys, a gain of 63.8% from 68.9 million zlotys in the prior year.
Full-year total revenue increased 13.1% on an annual basis to 3.34 billion zlotys from 2.95 billion zlotys, and total operating expenses rose 11.5% year over year to 3.13 billion zlotys from 2.81 billion zlotys.
The company said reported net income grew on an annual basis to 160.0 million zlotys, or 7.54 zlotys per share, in the full year, from 51.8 million zlotys, or 2.44 zlotys per share.
As of March 10, US$1 was equivalent to 3.89 zlotys.