The Italian wine company, Ruffino, has reported a net profit of €7.1m (US$7.6m) for 2002, up 39.2% from €5.1m (US$5.5m) in 2001.
Ruffino’s turnover rose by 13.4% to €66.9m (US$72m) €59m (US$63.5m) in 2001. The company derives around 65% of its sales from export markets, with the US, Canada, Japan, Australia, Switzerland and Germany its main markets.