January 9, 2013 / 12:40 PM / 5 years ago

Constellation Brands third-quarter profit rises 5 pct

Jan 9 (Reuters) - Constellation Brands Inc, the world's largest branded wine maker, reported a higher third-quarter profit as marketing initiatives drove sales.

Net income for the company, whose labels include Robert Mondavi and Ravenswood, rose to $110 million, or 58 cents per share, from $105 million, or 52 cents per share, a year earlier.

Revenue rose 9 percent to $767 million.

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