Synergy, a Russia-based spirits producer, has reported revenue of RUB26,664m ($855.32m) for the full year 2012, up 6%, compared to RUB25,213m ($808.77m) for the same period in 2011.

The increase in revenue was mainly due to increase in alcohol sales volume, expansion of the distributional platform, increase in selling prices, successful distribution of William Grant & Sons and Camus, and the positive dynamics in the food segment.

Gross profit for the full year 2012 was increased by 23% from RUB8,937m ($286.6m) in 2011 to RUB11,012m ($353.24m) in 2012.

The increase in gross profit was primarily due to increase in sales of its own brands and reducing low-income activities.

Net profit increased by 2% from RUB1,661m ($53.28m) in 2011 to RUB1,701m ($54.56m) in 2012.

Synergy board chairman Alexander Mechetin said the company has implemented its development strategy with the overall strengthening of state influence on the alcohol industry and excise tax grows.

"The company has once again shown growth in its key financial and operational performances due to its powerful infrastructure, experienced management and employees, and also owing to the development of its own brand portfolio and exclusively distributed products," Mechetin added.

"In 2012, an important event for the company became the five-year exclusive distributional agreement signed with the French Cognac House Camus, one of the leading cognac producers in the world.

"Thanks to this contract, Synergy has strengthened its distributional portfolio of world famous brands of cognac and got exposure to one of the largest and fastest-growing spirits categories in Russia."