Russian meat processor Cherkizovo has posted a set of robust first-half profits thanks to strong margins and rising volumes.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


The London-listed company said today (28 September) that gross profits leapt 51% to US$94.5m during the six months to the end of June. Turnover rose 21% to $343.1m


CEO Sergey Mikhailov said Cherkizovo had made an “excellent start” to the year. “We have delivered on all fronts. We have a clear and proven strategy for the business to grow profits and margins through a combination of organic growth in the Russian market, driving costs out of the business and deriving synergistic benefits from acquisitions within our fragmented markets.”


Last month, Cherkizovo became Russia’s largest poultry processor worth the acquisition of OAO Chicken Kingdom for $143m.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now