Henkel AG & Co. KGaA said its third-quarter normalized net income amounted to €1.16 per share, compared with the S&P Capital IQ consensus estimate of €1.43 per share.

EPS increased 7.7% year over year from €1.08.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was €505.8 million, an increase of 7.7% from €469.4 million in the year-earlier period.

The normalized profit margin increased to 10.3% from 10.2% in the year-earlier period.

Total revenue climbed year over year to €4.75 billion from €4.59 billion, and total operating expenses grew on an annual basis to €3.91 billion from €3.81 billion.

Reported net income grew 19.0% from the prior-year period to €576.0 million, or €1.33 per share, from €484.0 million, or €1.11 per share.