Cherkizovo Group announces operating results for February 2020

March 10, 2020

Moscow, Russia – March 10, 2020– Cherkizovo Group (MOEX: GCHE), the largest vertically integrated meat producer in Russia, today announces operating results for February 2020.[1]

 

 

February 2020

February 2019

Change % y-o-y

January 2020

Change % m-o-m

Chicken

 

 

 

 

 

Volume sold, thousand tonnes

    56.56  

    45.22  

25%

    56.84  

(0%)

Average price, RUB/kg

    99.98  

105.05  

(5%)

102.77  

(3%)

Turkey*

 

 

 

 

 

Volume sold, thousand tonnes

      3.18  

      2.80  

13%

      3.11  

2%

Average price, RUB/kg

170.66  

176.47  

(3%)

172.16  

(1%)

Pork**

 

 

 

 

 

Volume produced, thousand tonnes

    24.83  

    23.12  

7%

    27.36  

(9%)

Volume sold, thousand tonnes

    23.86  

    22.51  

6%

    26.58  

(10%)

Average price, RUB/kg

    76.75  

    87.86  

(13%)

    75.96  

1%

Meat Processing

 

 

 

 

 

Volume, thousand tonnes

    21.16  

    17.38  

22%

    18.16  

17%

Sausages

      8.34  

      6.85  

22%

      7.78  

7%

Cuts

      2.50  

      2.52  

(1%)

      1.94  

29%

Carcass

      8.97  

      6.75  

33%

      7.46  

20%

By-products

      1.34  

      1.27  

6%

      0.98  

37%

Average price, RUB/kg

151.66  

159.30  

(5%)

154.77  

(2%)

Sausages

191.42  

194.27  

(1%)

188.20  

2%

Cuts

205.16  

205.11  

0%

208.94  

(2%)

Carcass

116.10  

128.85  

(10%)

119.14  

(3%)

By-products

    42.47  

    41.43  

3%

    53.35  

(20%)

 

 

 

 

 

 

Samson***

 

 

 

 

 

Volume sold, thousand tonnes

      1.92  

      1.65  

17%

      1.89  

2%

Average price, RUB/kg

188.00  

197.70  

(5%)

195.20  

(4%)

 

* Volume and prices reported in turkey section represent sales of the Trading Company “Cherkizovo”.

** Difference in the volume produced and volume sold in the pork segment is attributable to retained gilts replacement. Volumes sold include both intercompany and 3rd party sales.

*** Volumes and prices reflect total sales of Samson – Food products, an associate company where the Company has 75% interest.

 

For more information please visit http://www.cherkizovo.com or contact:

 

Investor Relations

Andrei Novikov

Phone: 7 495 6602440 ext 15430

Email: a.novikov@cherkizovo.com

 

Media contacts

Phone: 7 495 6602440

Email:   pr@cherkizovo.com




[1] Volume data is presented before intersegment eliminations and denotes to sales volumes except noted (**).

   All prices in the release are net of sales volume discounts and VAT.