Business results for the 1st quarter, 2012
APK-INVEST demonstrates the positive dynamics of growth.
Due to the results of the first quarter the stockbreeding complex APK-INVEST increased the pig livestock by 46% comparing with the same period in 2011. As of 01.04.2012, 167.5 thousands pigs were at the stage of growing and fattening. In total the complex is designed to keep up to 300 thousands pigs per year that makes APK-INVEST be the absolute leader in the stockbreeding sector of Ukraine in the segment of commercial pig breeding.
Since January until March, 2012, 70 thousands pigs were sent to slaughter that increases the same index of 2011 by 44%. It allowed producing over 998 tons of chilled pork (+47% to the corresponding period in previous year). Thus, the share of APK-INVEST in the market of commercial pork production is 11%. The sausage production was increased by 2.5 times (in comparison with the same period in 2011) and corresponded to 1.16 thousands tons.
The vertically integrated structure of the company’s business levels the dependence of production on price fluctuations in the markets of crops and forage. APK-INVEST increased the mixed fodder production from 19.2 thousands tons for the first quarter of 2011 up to 28.5 thousands tons for the same period this year, having determined the growth in production volumes by 46%.
The outlet chain “Miasna vesna” is being developed. The number of chain stores has increased up to 80 ones by the end of the first quarter of 2012. By comparison, the outlet chain “Miasna vesna” included 40 stores due to the results of the first quarter of 2011. The geography includes Donetsk region, Kiev, Kharkov, Zaporozhe. We are planning to expand the chain up to 300 stores all over Ukraine.
Since implementation of the project (2006) until 01.04.2012 APK-INVEST drew more than UAH 1.64 bln. of investments, including over UAH 1.05 bln. were invested into increase of stockbreeding complex. It is planned to expand the production and to achieve the full capacity at all enterprises of APK-INVEST by 2015. The volume of investments will be UAH 3.5 bln. by this period.