Net Profit of Wimm-Bill-Dann Made $32,1 Million for the First Quarter
OREANDA-NEWS. Wimm-Bill-Dann Foods OJSC [NYSE: WBD] today announced its financial results for the quarter ended March 31, 2007.
Wimm-Bill-Dann Group sales rose 40,1% year-on-year to US$542,8 million. Gross profit increased 53,3% with gross margins increasing to 32% from 29,3%.
Operating income of the Group increased 73,1% to US$51,4 million. EBITDA increased 58,8% to US$70,4 million, EBITDA margin increased to 13% from 11,4%.
Net income of Wimm-Bill-Dann Group increased 84,8% to US$32,1 million.
Operating cash flow increased 36%, amounting to US$78,8 million.
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