Fuller Smith & Turner PLC said its normalized net income for the fiscal first half ended Sept. 27 came to 22 Great British pence per share, a gain of 8.7% from 20 pence per share in the prior-year period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was £12.3 million, an increase of 8.3% from £11.3 million in the prior-year period.
Total revenue increased 10.5% on an annual basis to £161.6 million from £146.3 million, and total operating expenses rose 10.9% year over year to £138.9 million from £125.3 million.
Reported net income fell 12.4% from the prior-year period to £14.1 million, or 25 pence per share, from £16.1 million, or 28 pence per share.
