Kabel Deutschland Holding AG said its normalized net income for the fiscal third quarter ended Dec. 31, 2015, amounted to 68 euro cents per share, a decrease of 12.9% from 78 cents per share in the prior-year period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was €60.1 million, a decline of 13.0% from €69.0 million in the prior-year period.
The normalized profit margin fell to 11.0% from 13.4% in the year-earlier period.
Total revenue climbed 6.8% on an annual basis to €548.3 million from €513.4 million, and total operating expenses climbed 13.7% from the prior-year period to €428.8 million from €377.0 million.
Reported net income fell 9.9% year over year to €65.8 million, or 74 cents per share, from €73.0 million, or 82 cents per share.
