Spanish wine company, Bodegas Riojanas, reported turnover of €4.79m ($4.68m) for the first half of 2002, 16% up on the first half of 2001. Net profit at the Rioja-based wine producer reached €495,000 ($483,000), 1.2% higher than the corresponding period last year.

Sales by volume increased by 22%, the company said, with both domestic and export markets registering increases.