A.G. Barr said its normalized net income for the fiscal second half ended Jan. 25 was 12 Great British pence per share, compared with the S&P Capital IQ consensus estimate of 16 pence per share.
EPS climbed year over year from 12 pence.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was £13.8 million, an increase from £13.4 million in the year-earlier period.
Total revenue totaled £125.2 million, compared with £125.4 million in the year-earlier period, and total operating expenses totaled £102.9 million, compared with £103.7 million in the prior-year period.
Reported net income declined 5.1% year over year to £17.2 million, or 15 pence per share, from £18.1 million, or 16 pence per share.
For the year, the company's normalized net income totaled 22 pence per share, compared with the S&P Capital IQ consensus normalized EPS estimate of 28 pence.
EPS rose 7.8% from 21 pence in the prior year.
Normalized net income was £25.7 million, an increase of 8.1% from £23.8 million in the prior year.
Full-year total revenue increased year over year to £260.9 million from £254.1 million, and total operating expenses rose on an annual basis to £219.5 million from £215.5 million.
The company said reported net income rose 6.5% on an annual basis to £30.0 million, or 26 pence per share, in the full year, from £28.2 million, or 24 pence per share.
