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Cherkizovo poultry sales up 18%

02 august 2011
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Russia meat producer Cherkizovo’s poultry sales rose by 18% in the first half to approximately 117,990 tonnes of sellable weight.

Prices for poultry sales in dollar terms increased by 9% from $2.30 per kg in the first half of 2010 to $2.51 per kg in the first half of 2011 (excluding VAT).

Compared to the first quarter of 2011, the price in the second quarter increased by 7% to $2.59 per kg.

Prices in rouble terms increased almost by 4%.

Sales volumes in the pork division in the first half of 2011 stayed almost flat at 41,070 tonnes of live weight, compared to 40,936 tonnes in the first half of 2010.

Sales volumes in the meat processing division increased by 6% to 70,097 tonnes from 66,200 tonnes for the first half of 2010.

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