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Poultry Sales Increase for Cherkizovo

30 July 2015, at 12:00am

RUSSIA - Leading Russian meat and feed producer Cherkizovo Group have announced their business results for the first half of 2015.

The results were promising for poultry, with sales volume for the first half of 2015 increasing by nine per cent. This took sales to to 225,223 tonnes of sellable weight, compared to 205,775 tonnes in the first half of 2014.

The average price (all prices hereinafter are net of VAT) increased by 17 per cent to 95.38 RUB/kg from 81.53 RUB/kg in the first half of 2014.

Compared to the price of 96.49 RUB/kg in the first quarter of 2015, the price in the second quarter of 2015 decreased by 2 per cent.

Sales in the pork division decreased nine per cent, whilst meat processing division sales increased by 28 per cent.