The Russian fruit juice and dairy company, Wimm-Bill-Dann, has announced a 12% rise in its US GAAP net profit for 2002. The company’s GAAP net profit rose by 12.26% from US$31.8m to US$35.7m.

The company also posted sales of US$824.7m for 2002, up 22% from US$674.6m in 2001. EBITDA rose by 13% from US$73.7m to US$83.3m.