Hella GmbH & Co. KGaA said its normalized net income for the fiscal second quarter ended Nov. 30, 2014, came to 66 euro cents per share, a decrease of 53.0% from €1.39 per share in the prior-year period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was €72.8 million, an increase from €69.7 million in the prior-year period.
The normalized profit margin fell to 4.6% from 5.0% in the year-earlier period.
Total revenue climbed 7.5% on an annual basis to €1.51 billion from €1.40 billion, and total operating expenses increased 8.0% year over year to €1.40 billion from €1.30 billion.
Reported net income rose 22.2% from the prior-year period to €85.4 million, or 77 cents per share, from €69.9 million, or €1.40 per share.
