The profit growth in swine industry will be a record in 2018

In 2018, Russian companies of the swine sector will show a record increase in sales profits from at least 2015^th, according to the calculations of Deloitte. The analysis is based on accounting reports of almost 23 thousand companies in the agro-industrial complex with annual revenues of more than 1 million rubles. According to analysts, by the end of the year, the operating income of pork producers will increase by almost 80%, to 121.1 billion rubles. The segment’s operating profit will increase from 18% to 29%. For comparison: the operating profit of poultry companies in 2018 will decrease by 1% to 39 billion rubles, the operating margin from 7% to 6%, according to Deloitte.

From January to November, the agricultural organizations of the Russian Federation produced 3.68 million tons of swine for slaughter (live weight). This is 9.3% or 313.9 thousand tons more than last year’s figure for 11 months.

Source: FSBI Specialized accounting center in the agricultural sector; Meat expert

9.01.2019