Cherkizovo Group announces operating results for October 2020

November 10, 2020

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

 

 

October 2020

October 2019

Change % y-o-y

September 2020

Change % m-o-m

Chicken

 

 

 

 

 

Volume sold, thousand tonnes

    57.67  

    57.61  

0%

    57.94  

(0%)

Average price, RUB/kg

110.26  

107.77  

2%

108.48  

2%

Turkey*

 

 

 

 

 

Volume sold, thousand tonnes

      3.79  

      3.54  

7%

      3.71  

2%

Average price, RUB/kg

158.95  

171.05  

(7%)

165.59  

(4%)

Pork**

 

 

 

 

 

Volume produced, thousand tonnes

    25.06  

    29.05  

(14%)

    23.69  

6%

Volume sold, thousand tonnes

    24.16  

    28.01  

(14%)

    23.09  

5%

Average price, RUB/kg

    99.73  

    86.65  

15%

    99.01  

1%

Meat Processing

 

 

 

 

 

Volume, thousand tonnes

    23.07  

    22.78  

1%

    22.65  

2%

Sausages

    10.32  

    10.09  

2%

    10.09  

2%

Cuts

      2.78  

      2.84  

(2%)

      2.86  

(3%)

Carcass

      8.22  

      8.76  

(6%)

      8.20  

0%

By-products

      1.74  

      1.08  

60%

      1.50  

16%

Average price, RUB/kg

170.71  

159.22  

7%

169.65  

1%

Sausages

192.39  

181.15  

6%

191.23  

1%

Cuts

218.47  

212.69  

3%

219.99  

(1%)

Carcass

148.03  

130.55  

13%

146.76  

1%

By-products

    72.80  

    46.58  

56%

    53.70  

36%

 

 

 

 

 

 

Samson***

 

 

 

 

 

Volume sold, thousand tonnes

      2.85  

      2.43  

17%

      2.47  

15%

Average price, RUB/kg

196.96  

202.01  

(3%)

206.55  

(5%)

 

* 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.