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Financial Results for Q4 and 12M 2018

  • 25 Mar 11:05

Financial Results for Q4 and 12M 2018 The company continues to be well-positioned to deliver further increases in both revenue and profit in 2019, driven by increasing production, mainly from the Poultry and Related Operations Segment and its recent acquisition of Perutnina Ptuj in the Balkans. Photo: MHP MHP SE, the parent company of a leading international agro-industrial group with headquarters in Ukraine, focusing primarily on the production of poultry and cultivation of grain, as well as other agricultural operations (meat processing and meat products ready for consumption), announced its results for the fourth quarter and twelve months ended 31 December 2018. During 2018, MHP has been. Read more...

Cherkizovo reports increased pork sales in February

  • 14 Mar 11:01

Cherkizovo reports increased pork sales in February Cherkizovo Group, Russia’s largest vertically-integrated meat supplier, has reported a 28% increase in pork volume sales in February, compared to the same period last year. Pork sales were also up 18% on a month-on-month basis, compared to January 2019. Chicken sales at the business were up 6% in February year-on-year (down 9% month-on-month). Turkey sales were down 10% on a year-on-year basis, however marginally rose (+2%) compared to the previous month. The company has seen significant fluctuations in price over the past year: turkey prices are some 50% higher than the same period the previous year, while chicken prices rose by 30% and pork. Read more...