Elior Group SA said its normalized net income for the fiscal fourth quarter ended Sept. 30, 2015, amounted to 25 euro cents per share, a gain of 14.6% from 22 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 €43.4 million, a gain of 11.0% from €39.1 million in the prior-year period.
The normalized profit margin climbed to 3.1% from 3.0% in the year-earlier period.
Total revenue climbed 7.2% on an annual basis to €1.39 billion from €1.30 billion, and total operating expenses grew 6.8% on an annual basis to €1.28 billion from €1.20 billion.
Reported net income increased 42.9% year over year to €39.0 million, or 23 cents per share, from €27.3 million, or 15 cents per share.
For the year, the company's normalized net income totaled 80 cents per share, compared with the S&P Capital IQ consensus normalized EPS estimate of 85 cents.
EPS rose from 76 cents in the prior year.
Normalized net income was €132.3 million, an increase of 35.5% from €97.6 million in the prior year.
Full-year total revenue rose 6.2% from the prior-year period to €5.67 billion from €5.34 billion, and total operating expenses rose 6.4% on an annual basis to €5.36 billion from €5.04 billion.
The company said reported net income grew year over year to €106.5 million, or 64 cents per share, in the full year, from €47.4 million, or 37 cents per share.