Finsbury Food Group PLC said its normalized net income for the fiscal first half ended Dec. 27, 2014, came to 3 Great British pence per share, an increase of 63.3% from 2 pence per share in the year-earlier period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was £2.3 million, a gain from £1.1 million in the prior-year period.
Total revenue increased 24.1% year over year to £107.6 million from £86.6 million, and total operating expenses increased 22.6% year over year to £103.1 million from £84.1 million.
Reported net income increased 22.1% year over year to £1.8 million, or 2 pence per share, from £1.5 million, or 2 pence per share.
