30 Nov 2012 09:37

WBD Foods not to pay dividends for 2011

MOSCOW. Nov 30 (Interfax) - The sole shareholder of Wimm-Bill-Dann Foods, Pepsi-Cola Bermuda Limited has decided not to distribute the Russian juice maker's net profit for 2011 and to not announce dividends for the year, WBD Foods said in a statement.

WBD Foods posted a net loss of 1.6 billion rubles to Russian Accounting Standards in 2011 on revenue of 3.06 billion rubles.