Russian meat processor Cherkizovo has provided a mixed update on its first-half sales volumes.
The London-listed firm said today (2 August) volumes from its poultry division, the company’s largest business, rose 34% in the first half of 2012. Pork volumes were up 14%.
However, volumes from Cherkizovo’s meat processing division fell 11%. The company blamed an “inefficient” facility in southern Russia.
Nevertheless, Cherkizovo said prices had increased across all its businesses.
Sign up for our daily news round-up!
Give your business an edge with our leading industry insights.
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
