Cherkizovo poultry sales volumes up 42 percent

Cherkizovo Group's sales volumes in its poultry division for the first quarter of 2012 increased by 42 percent to approximately 75,860 metric tons of sellable weight, compared to approximately 53,570 metric tons for the first quarter of 2011, according to the company's latest report. The numbers reflect the contribution from the newly launched sites at Bryansk and sales by Mosselprom, acquired in May 2011.

Cherkizovo Group's sales volumes in its poultry division for the first quarter of 2012 increased by 42 percent to approximately 75,860 metric tons of sellable weight, compared to approximately 53,570 metric tons for the first quarter of 2011, according to the company's latest report

The numbers reflect the contribution from the newly launched sites at Bryansk and sales by Mosselprom, acquired in May 2011. Prices for poultry decreased by 1 percent from $2.43 per kilogram in the first quarter of 2011 to $2.40 per kilogram in the first quarter of 2012, according to the company. Compared to the price in the fourth quarter of 2011 of $2.36, prices in the first quarter of 2012 were almost flat.

Cherkizovo's pig meat division also saw an increase in sales volume, by 12 percent to approximately 22,660 metric tons of live weight, compared to approximately 20,220 metric tons in the first quarter of 2011. Prices for pig meat sales increased by 4 percent from $2.57 per kilogram of live weight in the first quarter of 2011 to $2.66 per kilogram of live weight in the first quarter of 2012. Compared to the price in the fourth quarter of 2011 of $2.66 per kilogram, the price in the first quarter of 2012 was flat, said the company.

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