LONDON (dpa-AFX) - Darty Plc. (DRTY.L) reported that its profit before income tax for the year ended 30 April 2016 decreased to 28.4 million euros from 32.9 million euros in the previous year.
Profit attributable to owners of the parent declined to 3.5 million euros or 0.7 cents per share from 14.2 million euros or 2.7 cents per share in the prior year euros.
Adjusted earnings per share, excluding the IAS 19 net interest on pension schemes, increased 26 per cent to 7.3 cents from 5.8 cents in the prior year..
Adjusted profit before tax was up 36 per cent to 69.6 million euros from 51.3 million euros in the previous year.
Group revenue at 3.66 billion euros was up 4.1 per cent including Mistergooddeal.com and the franchise stores. On a like-for-like basis Group revenue was up 3.9 per cent.
Group retail profit increased 24 per cent to 93.1 million euros from74.9 million euros for the same period last year.
An interim dividend of 0.875 cents per share (2015: 0.875 cents per share) was paid but, given the terms, and current expected timing, of the offer from Fnac the company does not currently intend to recommend a final dividend.
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© 2016 AFX News
