Cherkizovo Group (MOEX: GCHE), the largest vertically integrated meat producer in Russia, today announces operating results for April 2020. [1]
|
|
April 2020 |
April 2019 |
Change % y-o-y |
March 2020 |
Change % m-o-m |
|
|
|
|
|
|
|
|
|
|
Chicken |
|
|
|
|
|
|
|
Volume sold, thousand tonnes |
56.15 |
58.50 |
(4%) |
61.30 |
(8%) |
|
|
Average price, RUB/kg |
109.37 |
96.04 |
14% |
107.38 |
2% |
|
|
|
|
|
|
|
|
|
|
Turkey* |
|
|
|
|
|
|
|
Volume sold, thousand tonnes |
3.19 |
3.03 |
5% |
3.59 |
(11%) |
|
|
Average price, RUB/kg |
183.29 |
167.20 |
10% |
175.81 |
4% |
|
|
|
|
|
|
|
|
|
|
Pork** |
|
|
|
|
|
|
|
Volume produced, thousand tonnes |
24.18 |
23.58 |
3% |
24.91 |
(3%) |
|
|
Volume sold, thousand tonnes |
23.47 |
22.84 |
3% |
23.83 |
(2%) |
|
|
Average price, RUB/kg |
84.65 |
96.90 |
(13%) |
87.68 |
(3%) |
|
|
|
|
|
|
|
|
|
|
Meat Processing |
|
|
|
|
|
|
|
Volume, thousand tonnes |
19.81 |
21.11 |
(6%) |
22.05 |
(10%) |
|
|
Sausages |
8.33 |
8.27 |
1% |
9.30 |
(10%) |
|
|
Cuts |
1.62 |
3.35 |
(52%) |
2.59 |
(38%) |
|
|
Carcass |
8.64 |
8.37 |
3% |
8.57 |
1% |
|
|
By-products |
1.22 |
1.11 |
10% |
1.59 |
(23%) |
|
|
Average price, RUB/kg |
157.53 |
166.87 |
(6%) |
159.34 |
(1%) |
|
|
Sausages |
194.71 |
189.70 |
3% |
191.05 |
2% |
|
|
Cuts |
214.81 |
206.87 |
4% |
211.28 |
2% |
|
|
Carcass |
125.57 |
143.64 |
(13%) |
130.09 |
(3%) |
|
|
By-products |
53.98 |
50.70 |
6% |
46.82 |
15% |
|
|
|
|
|
|
|
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|
|
Samson*** |
|
|
|
|
|
|
|
Volume sold, thousand tonnes |
2.31 |
1.61 |
44% |
2.13 |
8% |
|
|
Average price, RUB/kg |
197.10 |
210.34 |
(6%) |
202.88 |
(3%) |
* 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.
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