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Cherkizovo to publish US GAAP results for 9 mths on Dec 1
OJSC Cherkizovo Group (RTS: GCHE) will publish its US GAAP financial results for January-September 2011 on December 1, 2011, the company said in a statement.
The group unites seven meat-processing enterprises (Moscow, Penza, Ulyanovsk, and Rostov Regions, and Krasnodar Territory), four pork complexes, two poultry complexes, and a compound feed plant. During its May 2006 IPO on the London Stock Exchange, the group raised $251 million. Igor Babayev and members of his family control the group.
OJSC Cherkizovo Group's US GAAP net profit in the nine months of 2010 came to $104.4 million, up 26% year-on-year. The company's sales revenue went up by 20% to $877.7 million.
The company's first profit in the first half of 2011 went down by 11% to $66 million while sales revenue increased by 20% to $689.1 million.
Cherkizovo Group unveils its exclusive processed meat products
08 june 2023
Cherkizovo Group unveils its exclusive processed meat products
Cherkizovo Group is Russia's largest sausage producer with an assortment of over 200 items, including cooked and smoked sausages, dry sausages and a variety of deli meats under the flagship Cherkizovo and Cherkizovo Premium brands. The Company maintains a strong focus on developing new product recipes to cater to the needs of a diverse customer audience. Today, we will share insights into some of our most highly rated and remarkable products.
Expert RA upgrades Cherkizovo Group’s rating to ruAA-
01 june 2023
Expert RA upgrades Cherkizovo Group’s rating to ruAA-
Cherkizovo Group (MOEX: GCHE), Russia’s largest meat producer, announces that Expert RA has upgraded its credit rating to ruAA- and revised its outlook from positive to stable.
Cherkizovo Group and Smenka complete renovation of school canteens in Russian regions
29 may 2023
Cherkizovo Group and Smenka complete renovation of school canteens in Russian regions
Cherkizovo Group and Smenka, a social initiative and YouTube show, have successfully completed a joint project to renovate school canteens. As a result of this collaboration, three canteens (two in the Penza Region and one in the Altai Territory) got a modern makeover, with schoolchildren now having an opportunity to eat in comfortable facilities and develop healthy eating habits.
Crystal Cherkizovo played volleyball game with kids from UNITY foundation
25 may 2023
Crystal Cherkizovo played volleyball game with kids from UNITY foundation
Crystal Cherkizovo, a volleyball club whose main sponsor is Cherkizovo Group, met children with cancer supported by the UNITY charity foundation to talk about the history of volleyball and play an exhibition game.
