2011: Work's Results
APK-INVEST maintains the positive dynamics in growth of assets and profitability of production. Work results of the company for reporting year allow expecting to keep the position of the leader in the industry in 2012.
In 2011 the net profit of APK-INVEST from sales of the products was UAH 515.4 mln., meaning the positive dynamics in growth in comparison with 2010 – plus 58%. It became possible, first of all, thanks to the optimization of sales structure and enlargement of commodity market. The net profit was UAH 22.2 mln. in 2011 that by 5.8 times more than the same index in 2010. The assets of the company in 2011 were increased by 40.28% up to UAH 2,127.56 mln. The total volume of capital investments was UAH 485.2 mln. in 2011. It includs the investments into production assets, transport and warehouse logistics, retail.
In 2011 the company was actively developing the direction of plant growing. The volume of investments into this direction was UAH 31,91 mln. last year. The transport stock of agricultural technique was enlarged for 12 months of reporting year; the land stock of the company was increased by 60% - up to 20 ths. ha. The grain yield in 2011 was increased by 40% in comparison with 2010 and made up 26 ths. tons. The average winter wheat productivity was 35 c/ha, barley – 25 c/ha that corresponds to the average industrial indices in Ukraine.
The new direction of the business, which APK-INVEST develops in 2011, was seed growing. In summer 2011 the seed plant with capacity of 200 tons of seed material per day was started constructing on the base of feed mill. The volume of investments into this direction was UAH 4.31 mln. in 2011.
The business structure of APK-INVEST anticipates the raw material independence of production on external factors, such as price fluctuations in the market of crops and forage. Due to the results of 2011 the volume of combined feed, produced by the company, was 90 ths. tons that exceeds the same index by 1.5 times in 2010. The production facilities of elevator group were enlarged up to 78 ths. tons of certified storages. The volume of investments into mixed feed production, including the elevator group, was UAH 62.13 mln. in 2011. It should be mentioned that all finished products by the feed mill of the company are used only for the needs of own stockbreeding complex.
The stockbreeding complex of the company was enlarged in reporting year. So, the third pig-breeding complex achieved the full capacity, the workshop to keep the female livestock at the fourth stockbreeding complex of the company was put into operation in November. The volume of investments into stockbreeding was UAH 312 mln. in 2011.
Due to the results as of the end of 2011 the livestock of stockbreeding complex at APK-INVEST was increased by 40% in comparison with the previous year and was over 150 thousands pig heads at one-time keeping. Thus, the facilities of the stockbreeding complex allow producing up to 300 thousands pig heads per year. As well the female livestock was enlarged by 40% in 2011 and made up 17.5 thousands heads.
226.2 thousands pig heads were sent to slaughter for twelve months of 2011 that exceeds the same index of 2011 by 36%.
APK-INVEST secured the status for itself as the leader of stockbreeding industry in Ukraine in the sector of commercial pig-breeding in 2011. According to the rating by magazine “TOP-100 Rating of the best agrarian companies in Ukraine”, APK-INVEST takes the first place with 14% market share among the companies with the largest pig livestock.
In 2011 the enlargement of production facilities was applied to the meat-packing plant of APK-INVEST as well. Last year the intestinal workshop on production of natural coat for sausages was put into operation, the capacity of the refrigerator was increased by two times (over one thousand tons of pork can be kept for one time). The total output of the meat-packing plant was increased by 25% up to 200 tons of meat products per day thanks to the modernization of slaughter line up to 160 heads per hour (increase by more than one third) and growth in efficiency of the personnel at slaughter line and primary processing line. The volume of investments into meat processing was UAH 60.74 mln. in 2011.
The corporate chain Miasna Vesna was actively developing in 2011. As of the end of last year it included 26 stores, by 1, January, 2012 their number was increased up to 66. The geography of the chain was enlarged and it includes Kiev, Zaporozhe, Kharkov, Donetsk, Donetsk region. The volume of investments into retail was UAH 12.6 mln. in 2011.
Due to the results of 2011 APK-INVEST consolidated the positions of the leader in the market of commercial pig production with 11% share. The volume for sales of the products by TM Miasna Vesna was increased by 30% in 2011 and it made up 6.6 ths. tons due to the results of reporting year.
The volume for sales of sausages was increased by more than three times: from 0.8 ths. tons in 2010 up to 2.7 ths. tons in 2011.
Such dynamics was achieved thanks to the enlargement of distribution and geography of sales, development of corporate trade chain Miasna vesna, efficient trade-marketing and, a result, increase in consumer demand on products by TM Miasna Vesna, TM Kolbaspishcheprom. At present moment the products by TM Miasna Vesna and Kolbaspishcheprom is represented at leading trade chains of Ukraine (ATB, Auchan, Brusnichka, Metro, Silpo, etc.), as well as corporate trade chain Miasna Vesna.