Cherkizovo Group announces operating results for August 2020

September 10, 2020

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

 

 

August 2020

August 2019

Change % y-o-y

July 2020

Change % m-o-m

Chicken

 

 

 

 

 

Volume sold, thousand tonnes

    58.46  

    51.41  

14%

    59.48  

(2%)

Average price, RUB/kg

108.17  

114.04  

(5%)

107.43  

1%

Turkey*

 

 

 

 

 

Volume sold, thousand tonnes

      3.35  

      3.64  

(8%)

      3.12  

7%

Average price, RUB/kg

169.88  

165.53  

3%

182.71  

(7%)

Pork**

 

 

 

 

 

Volume produced, thousand tonnes

    23.02  

    22.01  

5%

    23.09  

(0%)

Volume sold, thousand tonnes

    22.74  

    21.45  

6%

    22.57  

1%

Average price, RUB/kg

105.78  

    92.95  

14%

103.51  

2%

Meat Processing

 

 

 

 

 

Volume, thousand tonnes

    22.30  

    21.94  

2%

    21.30  

5%

Sausages

      9.89  

      9.62  

3%

      9.10  

9%

Cuts

      3.21  

      2.25  

43%

      3.13  

3%

Carcass

      7.91  

      8.74  

(10%)

      7.89  

0%

By-products

      1.29  

      1.33  

(2%)

      1.17  

10%

Average price, RUB/kg

174.05  

160.38  

9%

172.03  

1%

Sausages

188.50  

181.35  

4%

186.95  

1%

Cuts

225.34  

221.12  

2%

224.06  

1%

Carcass

155.28  

139.82  

11%

151.64  

2%

By-products

    51.09  

    40.51  

26%

    54.33  

(6%)

 

 

 

 

 

 

Samson***

 

 

 

 

 

Volume sold, thousand tonnes

      2.86  

      2.01  

42%

      2.88  

(1%)

Average price, RUB/kg

215.00  

208.99  

3%

201.86  

7%

 

* 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.