Cherkizovo Group announces operating results for November 2020

December 10, 2020

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

 

 

November 2020

November 2019

Change % y-o-y

October 2020

Change % m-o-m

Chicken

 

 

 

 

 

Volume sold, thousand tonnes

    60.94  

    58.02  

5%

    57.67  

6%

Average price, RUB/kg

111.41  

108.41  

3%

110.26  

1%

Turkey*

 

 

 

 

 

Volume sold, thousand tonnes

      3.55  

      3.63  

(2%)

      3.79  

(6%)

Average price, RUB/kg

171.63  

177.20  

(3%)

158.95  

8%

Pork**

 

 

 

 

 

Volume produced, thousand tonnes

    25.83  

    27.63  

(7%)

    25.06  

3%

Volume sold, thousand tonnes

    25.40  

    26.77  

(5%)

    24.16  

5%

Average price, RUB/kg

    87.26  

    79.48  

10%

    99.73  

(13%)

Meat Processing

 

 

 

 

 

Volume, thousand tonnes

    22.70  

    21.69  

5%

    23.07  

(2%)

Sausages

    10.14  

      9.53  

6%

    10.32  

(2%)

Cuts

      2.72  

      2.45  

11%

      2.78  

(2%)

Carcass

      8.45  

      8.52  

(1%)

      8.22  

3%

By-products

      1.39  

      1.18  

18%

      1.74  

(20%)

Average price, RUB/kg

164.83  

157.97  

4%

170.71  

(3%)

Sausages

196.42  

189.87  

3%

192.39  

2%

Cuts

207.71  

210.35  

(1%)

218.47  

(5%)

Carcass

128.12  

121.95  

5%

148.03  

(13%)

By-products

    74.02  

    51.87  

43%

    72.80  

2%

 

 

 

 

 

 

Samson***

 

 

 

 

 

Volume sold, thousand tonnes

      2.96  

      2.27  

30%

      2.85  

4%

Average price, RUB/kg

193.23  

195.45  

(1%)

196.96  

(2%)

 

* 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.