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Colruyt profit holds mostly steady YOY in fiscal H1

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Colruyt profit holds mostly steady YOY in fiscal H1

Etn. Fr. Colruyt NV said its normalized net income for the fiscal first half ended Sept. 30 was €1.04 per share, compared with the S&P Capital IQ consensus estimate of €1.14 per share.

EPS climbed year over year from €1.01.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was €157.8 million, compared with €158.3 million in the year-earlier period.

Total revenue increased on an annual basis to €4.42 billion from €4.25 billion, and total operating expenses increased year over year to €4.17 billion from €4.00 billion.

Reported net income grew from the prior-year period to €180.8 million, or €1.19 per share, from €176.2 million, or €1.13 per share.