Cherkizovo Group announces operating results for May 2020

June 10, 2020

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]

 

 

May 2020

May 2019

Change % y-o-y

April 2020

Change % m-o-m

Chicken

 

 

 

 

 

Volume sold, thousand tonnes

    60.08  

    56.92  

6%

    56.15  

7%

Average price, RUB/kg

101.45  

103.45  

(2%)

109.37  

(7%)

Turkey*

 

 

 

 

 

Volume sold, thousand tonnes

      3.20  

      2.95  

8%

      3.19  

0%

Average price, RUB/kg

182.70  

164.48  

11%

183.29  

(0%)

Pork**

 

 

 

 

 

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%)

Meat Processing

 

 

 

 

 

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%

 

 

 

 

 

 

Samson***

 

 

 

 

 

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.