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US: Mondavi back in the black in first quarter

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The Californian wine group, Robert Mondavi Corp., reported net income of $8.2m, or 50 cents a share, for the first quarter to the end of September, against a net loss of $2.5m in the corresponding period last year. The previous first quarter had been affected by depressed sales as a result of 9/11 and the company also took an $11.2m charge related to its withdrawal from Disney's California Adventure.


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