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Natra SA swings to profit in Q1

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Natra SA swings to profit in Q1

Natra S.A. said its first-quarter normalized net income was €598,130, compared with a loss of €755,000 in the prior-year period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin increased to 0.7% from negative 0.9% in the year-earlier period.

Total revenue came to €86.7 million, compared with €87.3 million in the year-earlier period, and total operating expenses decreased from the prior-year period to €82.7 million from €85.7 million.

Reported net income totaled €144,000, compared with a loss of €2.3 million in the prior-year period.