OREANDA-NEWS. Wimm-Bill-Dann Foods OJSC [NYSE: WBD], Russia’s leading food company, today announced its financial results for the fourth quarter and the full year ended December 31, 2006.

Group sales rose 26.4% year-on-year to US$1,762.1 million, gross profit increased 43.6% year-on-year to US$568.0 million, with gross margins rising to 32.2% from 28.4%.
 
Underlying operating income for the full year almost doubled to US$171.9 million, while reported operating income for the period, including special charges, increased 77.9% to US$155.6 million.
 
Underlying net income for the full year more than tripled US$108.5, while reported net income for the full year, including special charges, increased to US$95.4 million from US$30.3 million in 2005.