The Burgundy-based wine company, Cottin Freres, reported turnover of €16.9m (US$18.1m) for the first quarter of the 2002/03 fiscal year, representing a 1.2% decline from the corresponding quarter in the previous fiscal year.
The group registered a net profit of €2.5m (US$2.7m) for the 2001/2002 fiscal year on sales of €53.2m (US$57.1m), both virtually unchanged from the year before.
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