Cherkizovo Group announces operating results for May 2021

June 10, 2021

Moscow, Russia – June 10, 2021– Cherkizovo Group (MOEX: GCHE), the largest vertically integrated meat producer in Russia, today announces operating results for May 2021.[1]

 

May 2021

May 2020

Change % y-o-y

April 2021

Change % m-o-m

Chicken*

 

 

 

 

 

Volume, thousand tonnes

    65.02  

    60.08  

8%

     59.39  

9%

Average price, RUB/kg

135.14  

101.45  

33%

   130.79  

3%

Turkey * **

Volume, thousand tonnes

      4.04  

      3.20  

26%

       3.92  

3%

Average price, RUB/kg

202.14  

182.70  

11%

   198.83  

2%

Pork

Live pork volume produced, thousand tonnes

    19.25  

    25.79  

(25%)

     22.23  

(13%)

External sales volume, thousand tonnes

   Live pork

         -    

      5.54  

na

           -    

na

   Carcass

      5.14  

      8.64  

(41%)

       6.88  

(25%)

   Cuts

      3.26  

      2.04  

60%

       3.69  

(12%)

   Other

      1.65  

      0.84  

97%

       2.00  

(18%)

External sales average price, RUB/kg

   Live pork

-

    84.07  

na

           -    

na

   Carcass

166.83  

123.44  

35%

   164.02  

2%

   Cuts

248.78  

207.14  

20%

   232.81  

7%

   Other

    76.49  

    62.66  

22%

     63.62  

20%

RTE Meat Processing

 

 

 

 

 

Volume, thousand tonnes

    11.79  

      9.09  

30%

       9.87  

20%

Average price, RUB/kg

211.85  

186.39  

14%

   200.70  

6%

Samson***

Volume, thousand tonnes

      3.04  

      2.62  

16%

       3.49  

(13%)

Average price, RUB/kg

225.00  

191.38  

18%

   202.00  

11%


* Intersegment volumes in Chicken segment amount to 3%, and in Turkey section 6%

* 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.

Starting from May 2021 we include results of recently acquired Pit-Product into RTE Meat Processing segment, however, historical data is presented without the results of the particular company.



[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.