Cherkizovo Group announces operating results for January 2021

February 16, 2021

Moscow, Russia – February 16, 2021– Cherkizovo Group (MOEX: GCHE), the largest vertically integrated meat producer in Russia, today announces operating results for January 2021.[1]
 

 

January 2021

January 2020

Change 
% y-o-y

December 2020

Change
% m-o-m

Chicken*

 

 

 

 

 

Volume, thousand tonnes

54.56

56.83

(4%)

57.59

(5%)

Average price, RUB/kg

117.67

102.77

14%

117.67

(0%)

 

Turkey * **

 

 

 

 

 

Volume, thousand tonnes

3.07

3.11

(1%)

3.95

(22%)

Average price, RUB/kg

191.90

172.16

11%

180.62

6%

 

Pork

 

 

 

 

 

Live pork volume produced, thousand tonnes

21.24

27.36

(22%)

27.39

(22%)

External sales volume, thousand tonnes

 

 

 

 

 

  Live pork

1.91

6.64

(71%)

4.62

(59%)

  Carcass

5.37

7.46

(28%)

8.27

(35%)

  Cuts

2.39

1.94

23%

2.78

(14%)

  Other

1.09

0.98

11%

1.71

(36%)

External sales average price, RUB/kg

 

 

 

 

 

  Live pork

99.25

75.83

31%

91.38

9%

  Carcass

149.11

119.14

25%

143.16

4%

  Cuts

217.14

208.94

4%

220.38

(1%)

  Other

81.93

53.35

54%

82.73

(1%)

 

RTE Meat Processing

 

 

 

 

 

Volume, thousand tonnes

7.95

7.78

2%

11.85

(33%)

Average price, RUB/kg

201.90

188.20

7%

208.29

(3%)

 

Samson***

 

 

 

 

 

Volume, thousand tonnes

1.79

1.89

(5%)

3.21

(44%)

Average price, RUB/kg

217.26

195.20

11%

202.68

7%

* Intersegment volumes in Chicken segment amount to 3%, and in Turkey section 5%

* Volume and prices reported in Turkey section represent sales of the Trading Company “Cherkizovo”.

*** Volumes and prices reflect total sales of Samson – Food products, an associate company where the Company has 75% interest.


1 Volume data presented before intersegment eliminations and denotes to total sales volumes unless otherwise stated All prices in the release are net of sales volume discounts and VAT.