Aena SME SA said its first-quarter normalized net income came to 46 euro cents per share, compared with the S&P Capital IQ consensus estimate of 29 cents per share.

EPS rose 212.4% year over year from 15 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was €68.5 million, a gain of 204.3% from €22.5 million in the prior-year period.

The normalized profit margin rose to 8.8% from 3.1% in the year-earlier period.

Total revenue grew 6.8% on an annual basis to €781.7 million from €732.2 million, and total operating expenses came to €669.3 million, compared with €672.1 million in the prior-year period.

Reported net income rose 176.8% year over year to €80.9 million, or 54 cents per share, from €29.2 million, or 19 cents per share.