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Gruppa Cherkizovo PAO (GCHE.MM)

GCHE.MM on Moscow Interbank Currency Exchange

1,844.50RUB
18 Sep 2019
Change (% chg)

руб-0.50 (-0.03%)
Prev Close
руб1,845.00
Open
руб1,821.00
Day's High
руб1,850.00
Day's Low
руб1,821.00
Volume
186
Avg. Vol
858
52-wk High
руб2,550.00
52-wk Low
руб1,050.00

Latest Key Developments (Source: Significant Developments)

Russia's Cherkizovo says Q2 net profit down 62% y/y
Thursday, 22 Aug 2019 

Aug 22 (Reuters) - Russian meat producer Cherkizovo Group says::Q2 net profit at 2.2 billion roubles ($33.5 million), down from 5.8 billion roubles in Q2 2018; .Q2 revenue at 29 billion roubles, up 25.5% year on year;.Q2 adjusted EBITDA at 4.1 billion roubles, down 7.3% from a year earlier;.H1 revenue rose 25.1% year on year to 55.7 billion roubles;.H1 net profit at 5.4 billion roubles, down from 8.7 billion roubles in H1 2018;.H1 adjusted EBITDA increased 14.2% year on year to 8.1 billion roubles;.Expects cost pressures witnessed in the first half year to ease by year-end, as prices for grains are expected to decline with the arrival of the new harvest in Russia..  Full Article

Russia's Cherkizovo July Poultry Sales Up 51% Y/Y
Friday, 9 Aug 2019 

Aug 9 (Reuters) - Gruppa Cherkizovo PAO ::POULTRY SALES IN JULY 60,240 TONNES VERSUS 39,890 TONNES, +51% Y/Y.PORK SALES IN JULY 19,880 TONNES VERSUS 16,790 TONNES, +18% Y/Y.  Full Article

Cherkizovo Plans To Supply Poultry Products To China For $60 Mln In 2019 - Interfax
Monday, 3 Jun 2019 

June 3 (Reuters) - :CHERKIZOVO <<>> PLANS TO SUPPLY POULTRY PRODUCTS TO CHINA FOR $60 MLN IN 2019 - INTERFAX CITES CEO SERGEI MIKHAILOV .CHERKIZOVO SHOULD DELIVER TO CHINA ABOUT 30,000 TONNES OF PRODUCTS THIS YEAR - INTERFAX CITES CEO.  Full Article

Russia's Cherkizovo says Q1 net profit up 7% y/y
Friday, 17 May 2019 

May 17 (Reuters) - Russian meat producer Cherkizovo Group says::Q1 net profit at 3.2 billion roubles ($49.5 million) vs 3.0 billion roubles in Q1 2018;.Adjusted net profit totalled 1.8 billion roubles, up from 0.5 billion roubles a year earlier;.Q1 adjusted EBITDA at 4 billion roubles, up 48.9% year on year;.Revenue rose 24.6% year on year to 26.7 billion roubles;.Net debt stood at 62.1 billion roubles as of March 31, 2019..  Full Article

Russia's Cherkizovo sets guideline for Moscow share offering
Wednesday, 3 Apr 2019 

April 3 (Reuters) - Russian meat producer Gruppa Cherkizovo PAO says::The company has set a guideline for a share offering on the Moscow Stock Exchange at 1,875-2,125 roubles ($28.74-($32.57) per share;.Cherkizovo said last month that it planned to raise at least $200 million at a stock offering. .Cherkizovo expects the offering to be at around 18.1 percent of the company's share capital..The first batch of the offering will comprise 2.917 million treasury shares and 3.6 million new shares. .The second batch will comprise 2.1 million existing shares. .  Full Article

Russia's Cherkizovo to place existing, new shares in stock offering
Tuesday, 19 Mar 2019 

.:Plans to place existing and new shares in a share offering;.Plans to offer 6.6 percent, or 2.9 million, of treasury shares and new shares to raise around $200 million;.Cherkizovo shareholders plan to offer some of their shares; .Free float after the share offering expected to be no less than 25 percent;.Cherkizovo plans to use the proceeds from the share offering to reduce debt and for potential acquisitions;.Share offering to be conducted on the Moscow Exchange;.The Mikhailov family plans to retain strategic control over the company following the offering..  Full Article

Russia's Cherkizovo says meat, grain sales rise in 2018
Tuesday, 15 Jan 2019 

Jan 15 (Reuters) - Russia's largest meat producer Cherkizovo , CHEq.L says::Full-year 2018 sales volumes in the company's poultry division rose. Chicken sales rose 4 percent year on year to 544,150 tonnes, turkey meat sales rose 49 percent to 39,250 tonnes;.The average selling price for chicken increased by 9 percent year on year to 96.89 roubles ($1.45)/kg; the average selling price for turkey rose 2 percent to 147.95 roubles/kg;.​Pork sales volumes rose 18 percent year on year to 236,870 tonnes;.The average selling price for pork increased by 7 percent year on year to 98.20 roubles/kg;.Meat processing division's sales volumes rose 12 percent year on year to 229,520 tonnes; the average selling price was flat compared to 2017 at 169.64 roubles/kg;.Sales volumes in the grain farming division rose 54 percent in 2018 to 696,090 tonnes while prices increased 41 percent. .  Full Article

Russia's Cherkizovo Group Buys 75% Of Samson – Food Products
Wednesday, 26 Dec 2018 

Dec 26 (Reuters) - Cherkizovo Group ::SAYS IT HAS SIGNED A DEAL TO BUY 75% OF SAMSON – FOOD PRODUCTS (SPF) FOR 350 MILLION ROUBLES, WITH 550 MLLION ROUBLE DEBT TO BE ASSUMED ON TOP.THE FINAL PRICE WILL BE BASED ON SFP'S PERFORMANCE IN 2019.THIS DEAL IS SET TO STRENGTHEN CHERKIZOVO'S POSITION IN ST PETERSBURG AND THE NORTH-WESTERN FEDERAL DISTRICT.SPF WILL RETAIN CONTROL OVER ITS DAY-TO-DAY OPERATIONS WITH THE SAME MANAGEMENT TEAM IN PLACE.SPF IS OFFERING MEAT PRODUCTS UNDER SUCH BRANDS AS SAMSON, GRILLMANIA, FILEYA AND OTHERS.THE ACQUISTION HAS BEEN APPROVED BY THE RUSSIAN FEDERAL ANTIMONOPOLY SERVICE .  Full Article

Russia's Cherkizovo says Aug sales rise y/y
Monday, 10 Sep 2018 

Sept 10 (Reuters) - Russian meat producer Cherkizovo Group says::August chicken sales volumes up 12 percent year-on-year, with average sale price up 8 percent;.Turkey sales up 24 percent, average sale price up 2 percent;.Pork sales up 31 percent, sale price up 21 percent;.Processed meat sales up 17 percent.  Full Article

Russia's Cherkizovo recommends H1 dividend of 20.48 rbls/share
Wednesday, 22 Aug 2018 

Aug 22 (Reuters) - Russia's biggest meat producer Cherkizovo says::The board of directors has recommended a dividend of 20.48 roubles ($0.3058) per ordinary share for H1 2018..Last year, the company paid 59.82 roubles per share in H1 dividends. nR4N1LF02H.  Full Article