Moscow, Russia – June 10, 2020– Cherkizovo Group (MOEX: GCHE), the largest vertically integrated meat producer in Russia, today announces operating results for May 2020.[1]
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May 2020 |
May 2019 |
Change % y-o-y |
April 2020 |
Change % m-o-m |
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Chicken |
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|
|
|
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|
|
Volume sold, thousand tonnes |
60.08 |
56.92 |
6% |
56.15 |
7% |
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|
Average price, RUB/kg |
101.45 |
103.45 |
(2%) |
109.37 |
(7%) |
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Turkey* |
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|
|
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Volume sold, thousand tonnes |
3.20 |
2.95 |
8% |
3.19 |
0% |
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|
Average price, RUB/kg |
182.70 |
164.48 |
11% |
183.29 |
(0%) |
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Pork** |
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Volume produced, thousand tonnes |
25.79 |
21.75 |
19% |
24.18 |
7% |
|
|
Volume sold, thousand tonnes |
25.26 |
21.07 |
20% |
23.47 |
8% |
|
|
Average price, RUB/kg |
83.19 |
98.18 |
(15%) |
84.65 |
(2%) |
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Meat Processing |
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Volume, thousand tonnes |
20.60 |
20.81 |
(1%) |
19.81 |
4% |
|
|
Sausages |
9.09 |
8.64 |
5% |
8.33 |
9% |
|
|
Cuts |
2.04 |
3.36 |
(39%) |
1.62 |
26% |
|
|
Carcass |
8.64 |
7.75 |
12% |
8.64 |
(0%) |
|
|
By-products |
0.84 |
1.06 |
(21%) |
1.22 |
(31%) |
|
|
Average price, RUB/kg |
157.02 |
167.33 |
(6%) |
157.53 |
(0%) |
|
|
Sausages |
186.39 |
185.77 |
0% |
194.71 |
(4%) |
|
|
Cuts |
207.14 |
212.97 |
(3%) |
214.81 |
(4%) |
|
|
Carcass |
123.44 |
143.49 |
(14%) |
125.57 |
(2%) |
|
|
By-products |
62.66 |
47.06 |
33% |
53.98 |
16% |
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Samson*** |
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Volume sold, thousand tonnes |
2.62 |
1.64 |
60% |
2.31 |
14% |
|
|
Average price, RUB/kg |
191.38 |
218.53 |
(12%) |
197.10 |
(3%) |
* 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.
[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.