World meat industry news

In the next five years, the number of Russian agricultural companies represented on the domestic stock market should increase significantly. As RIA Novosti reports, such forecasts were voiced by analysts from Rosselkhozbank.

In the meantime, according to them, there are not very many such players. As examples, experts named two winemaking companies Novabev Group (previously a well-known distributor of Beluga Group) and the famous and largest in the Kuban "Abrau-Durso", as well as one cheese producer - the Istra Cheese Factory of the famous and respected cheese maker in Russia Oleg Sirota. The first of them had a significant increase in financial indicators for the first half of the year: revenue increased by 14 percent to 47.9 billion rubles, net profit increased by 36 percent, and also had a low ratio of debt to EBITDA (earnings before interest, taxes, depreciation and depreciation). and accrued depreciation). The Kuban manufacturer also has serious indicators – sales growth by 18%, consolidated revenue by 22% to 11.8 billion rubles and consolidated net profit by 31%. Also, according to the Russian Agricultural Market, the company owns 6.3 thousand hectares of vineyard land, of which 3.7 thousand are planted with berries, and this year they plan to increase the area under it by another 444. Moreover, the first of them is known on the stock exchange in 2007, the second – also several years. But the cheese manufacturer entered the bond market only this year; analysts do not provide its financial indicators.

The bank's experts see the greatest prospects for entering the stock market from wine companies. In addition to the above examples, they cited an increase in the number of wineries in the country, a wide range of measures to support the production and processing of grapes, and a ban on the import of wine materials as prerequisites for this. Such a negative factor as the departure of some foreign specialized companies from the Russian market also only stimulated domestic production. As a result, in the retail and HoReCa sectors (short for Hotels, Restaurants and Cafe - ROSNG), the demand for Russian wine products has increased significantly, analysts noted. In addition, experts note the excellent profitability of large domestic companies in the wine sector. For example, according to their data, for the same “Abrau-Durso” it is 30 percent, for “Zolotaya Balka” - 22. This is more than three times higher than the figures in the meat, dairy and fat-and-oil industries, despite also their wide popularity and a large number of companies operating in them.

RSHB analysts also noted that the entry of companies into the stock market will be possible if several conditions are met: maintaining or increasing the volume and pace of production, well-established supply and sales chains, and in the case of wine companies, also the presence of a tourist or event center on the territory of the wineries.