Cherkizovo Group announces operating results for July 2020

August 10, 2020

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

 

 

July 2020

July 2019

Change % y-o-y

June 2020

Change % m-o-m

Chicken

 

 

 

 

 

Volume sold, thousand tonnes

    59.48  

    60.24  

(1%)

    52.08  

14%

Average price, RUB/kg

107.43  

108.08  

(1%)

107.57  

(0%)

Turkey*

 

 

 

 

 

Volume sold, thousand tonnes

      3.12  

      3.86  

(19%)

      3.25  

(4%)

Average price, RUB/kg

182.71  

150.16  

22%

176.64  

3%

Pork**

 

 

 

 

 

Volume produced, thousand tonnes

    23.09  

    20.62  

12%

    26.39  

(13%)

Volume sold, thousand tonnes

    22.57  

    19.88  

14%

    25.62  

(12%)

Average price, RUB/kg

103.51  

103.32  

0%

    89.18  

16%

Meat Processing

 

 

 

 

 

Volume, thousand tonnes

    21.30  

    20.53  

4%

    21.94  

(3%)

Sausages

      9.10  

      9.66  

(6%)

      9.36  

(3%)

Cuts

      3.13  

      2.28  

37%

      3.11  

1%

Carcass

      7.89  

      7.73  

2%

      8.62  

(8%)

By-products

      1.17  

      0.85  

38%

      0.86  

36%

Average price, RUB/kg

172.03  

169.61  

1%

160.77  

7%

Sausages

186.95  

178.58  

5%

183.43  

2%

Cuts

224.06  

229.82  

(3%)

207.60  

8%

Carcass

151.64  

153.42  

(1%)

130.46  

16%

By-products

    54.33  

    53.20  

2%

    48.47  

12%

 

 

 

 

 

 

Samson***

 

 

 

 

 

Volume sold, thousand tonnes

      2.88  

      1.76  

64%

      2.97  

(3%)

Average price, RUB/kg

201.86  

209.91  

(4%)

194.00  

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.


[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.