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Article: Wimm-Bill-Dann Foods OJSC Posts Improved Margins for 2Q 2009
- Article from:
- Wireless News
- Article date:
- September 7, 2009
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Wireless News
09-07-2009
Wimm-Bill-Dann Foods OJSC Posts Improved Margins for 2Q 2009
Type: News
Wimm-Bill-Dann Foods OJSC announced its financial results for the second quarter and half-year ended June 30.
In a release on September 4, the Company noted highlights for the second quarter and first half of 2009:
- Group gross margin improved by 220 basis points to 35.2 percent in the second quarter of 2009 compared to the second quarter of 2008, and by 240 basis points year-on-year to 33.9 percent in the first half of 2009
- EBITDA1 margin improved significantly by 320 basis points to 15.4 percent in the second quarter of 2009 compared to the second quarter of 2008, and by 250 basis points ...