23 January 2023

Cherkizovo Group exported over 100,000 tonnes of products in 2022

Moscow, Russia — January 23 – Cherkizovo Group, Russia’s largest meat producer, increased its international shipments by close to 25 % in volume terms in 2022. In Russian rubles, exports were up by more than 40 % as the Company diversified its portfolio to increase the share of high value-added products.

29 December 2022

Cherkizovo Group provides more than 3,000 holiday gifts for children

Moscow, Russia — December 29 – Cherkizovo Group, Russia’s largest meat producer, has prepared for the upcoming holiday season by providing gift sets for children in need. In addition, Company employees have collected toys for the Podari Zhizn charity foundation.

23 December 2022

National indexes of meat supply (IMS), November 2022

Cherkizovo Group publishes industrial meat supply indexes for November 2022. The indexes describe dynamics of meat supply — poultry, pork and beef — in Russia.

Cherkizovo will not pay 2011 dividends

July 3, 2012

OJSC Cherkizovo Group will not pay dividends for 2011, the company announced after its Annual General Meeting held on June 29.

The shareholders approved the company’s financial and economic results for the 2011 fiscal year. Igor Babayev, Musheg Mamikonyan, Yevgeny Mikhailov, Sergey Mikhailov, Marcus James Rhodes, Vitaly Podolskiy, Samuel B. Lipman were elected members of the Board of Directors.

Cherkizovo Group (tax number: 7718560636) is a leading Russian manufacturer of meat and meat goods. The company’s operations are structured into three operating divisions: poultry (four integrated poultry-farming complexes), pork (seven large integrated pig-breeding complexes) and meat processing (seven meat processing plants). In addition to meat, the Group produces feed-stuffs (3 mixed feed factories) and sells its goods through its own three trading houses. The company is among the leaders in the Russian market and the brand portfolio includes goods with leading trade marks such as Petelinka, Kurinoye Tsarstvo, Cherkizovskiy, Pyat' Zvezd.

US GAAP net profit of Cherkizovo for Q1 2012 rose 2.1-fold to $39.3 million from $18.4 million for Q1 2011. Consolidated revenue increased by 16 % to $357.8 million against $308.2 million for Q1 2011. Adjusted EBITDA increased by 74 % to $60.8 million against $34.9 million for Q1 2011. Adjusted EBITDA margin increased to 17 % from 11 % in Q1 2011. In Q1 2011, net debt amounted to $775 million.