date:Jun 10, 2014
One of the largest Russian pork producers and agricultural holding Cherkizovo has recently announced that the improvement of profitability in the pork segment has seen the company reach the good level of profitability after a challenging 2013.
Commenting on the results, Sergei Mikhailov, Cherkizovo CEO, said: Cherkizovo demonstrated very strong results in the first quarter. The company's revenue increased 13% in RUB, and Adjusted EBITDA more than doubled. We can definitely say that after a very