February 1, 2013

Cherkizovo's poultry division has witnessed rising sales by 23% to around 319,210 tonnes of slaughter weight in 2012.

The group says this reflects organic volumes added in the Penza and Bryansk clusters and sales by Mosselprom, which was acquired in May 2011 and was now fully integrated.

Sales volumes in the pork division iincreased by 14% to approximately 103,877 tonnes of live weight, compared to 91,400 tonnes in 2011.

However, sales volumes in the meat processing division decreased by 12% to approximately 127,403 tonnes compared to 145,270 tonnes in 2011, due to the closure of an inefficient slaughtering facility in southern Russia.

Cherkizovo said its grain division became a strong contributor to the results for the first time in 2012.

The division has reported a 2012 crop harvest of approximately 115,000 tonnes of agricultural products. The approximate current yields per hectare are: wheat: 3.4 tonnes; barley: 3.3 tonnes; sunflower: 2.6 tonnes; and corn: 6.1 tonnes.

Sales in the grain division in 2012 amounted to 112,414 tonnes of agricultural products, including 51,254 tonnes of wheat, 24,594 tonnes of barley, 11,990 tonnes of corn, and 12,000 tonnes of sunflower.