ROS AGRО PLC (LSE: AGRO) has announced the completion of a harvesting campaign
January 15, 2018 at 03:19 pm IST
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15.01.18
The Company has completed the harvesting campaign in Belgorod, Tambov, Kursk, Orel and Voronezh regions and Primorsky Krai. Gross yields in 2017 reached 4,927.9 thousand tonnes, a 11.1% decrease due to yields drop of late crops, partially compensated by 9.4% augment in cultivated land area.
Gross yields of sugar beet decreased by 19.0% due to lower yields, while gross yields of the wheat surged by 57.0%
Detailed results of harvest campaign of 2017 are shown below:
Rusagro plc published this content on 15 January 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 15 January 2018 09:49:06 UTC.
Original documenthttp://www.rusagrogroup.ru/investors/news-events/press-releases/single-view/article/751/
Public permalinkhttp://www.publicnow.com/view/B92F647226DDF52AA50B94DC62A6B6968F35FD31
ROS Agro PLC is one of the largest agribusiness groups in Russia. Net sales (including intragroup) break down by activity as follows:
- fat production (43.4%): vegetable oils, margarines, mayonnaise, spreads, mustards and ketchup;
- agricultural operation (19.6%): production of cereals, sugar beet, sunflower, soybean, etc.;
- pork production (18.5%);
- sugar production (16%): sugar cubes, sugar packets, molasses and beet pulp;
- other (2.5%).
Russia accounts for 97.7% of the net sales.