The following table summarizes income statement data for a manufacturing company:

Item	Year 2 (in € Thousands)	Year 1 (in € Thousands)
Net revenue	2,611	2,325
Cost of goods sold	1,700	1,550
Gross profit	930	775
Selling, general & administrative expense	295	260
Operating income	635	515
Interest expense	55	55
Pre-tax income	580	460
Income tax	155	120
Net income	425	340

Compared with Year 1, the Year 2 common-size income statement most likely indicates: