Russian meat producer Cherkizovo Group has reported a 13% year-on-year increase in chicken sales volumes, to 190,500 tonnes, in the second quarter of its financial year.
Average sales price increased 25% year-on-year to RUB 132.89 per kilogram.
The performance was driven by a recovery in the foodservice sector and increased demand from overseas clients, the group said.
JV Tambov Turkey saw sales volumes up 33%, to 12,800 tonnes, compared to the same period last year, with Pava-Pava branded products accounting for 10% of sales.
Average sales price increased by 5% year-on-year to RUB 190.04 per kilogram.
Pork Production
The company’s live pork production volumes declined by 20% year-on-year during the quarter, to 61,000 tonnes.
Sales of pork carcass declined by 36% compared to the same period last year, with sales prices up 32%, while sales of pork cuts increased by 59% to 10,800 tonnes, with average selling price up by 16%.
The company’s RTE meat processing unit saw sales volume up by 27% year-on-year to 34,100 tonnes, driven by, among other factors, the consolidation of recently acquired assets in the North-Western region.
The average sales price of the segment increased by 12% year on year, driven by increased sales of Cherkizovo Premium branded products.
The company reported a 10.4% year-on-year growth in revenue to RUB 33.3 billion (€370 million) in the first quarter of its financial year.
Monthly Performance
In June, Cherkizovo saw chicken sales volumes up by 27%, to 66,050 tonnes, compared to the same period last year.
The average price per kilogram increased 23% year-on-year to RUB 132.56.
Turkey sales volumes were up 48% to 4,800 tonnes, with the average price per kilogram down 2% to RUB 172.65.
Live pork production volumes declined by 26% to 19,490 tonnes during the month.
In the RTE Meat Processing division, sales volumes increased 32% to 12,400 tonnes, with the average price per kilogram up 19% year-on-year to RUB 217.92.
