CHERKIZOVO: Investor Meeting Overview

03/27/2015
On 19 Mar Cherkizovo CFO Ludmila Mikhailova met investors at a closed meeting organised by Aton to discuss key company and sector developments. Investors showed the greatest interest in her comments on credit market conditions, and the debt situation for Cherkizovo and the agricultural sector as a whole.
 
We appreciated the very open and detailed discussion with management, which shared its view on the sector’s further development and commented on government support details. Being one of the largest vertically integrated producers with a diversified business, Cherkizovo represents a good exposure to the agricultural sector, in our view. Strategically Cherkizovo intends to become more processed-food oriented given the rising demand for processed meat products. This development should allow the company to develop its brand and in time offer more value for investors.On 19 Mar Cherkizovo CFO Ludmila Mikhailova met investors at a closed meeting organised by Aton to discuss key company and sector developments. Investors showed the greatest interest in her comments on credit market conditions, and the debt situation for Cherkizovo and the agricultural sector as a whole.
 
We appreciated the very open and detailed discussion with management, which shared its view on the sector’s further development and commented on government support details. Being one of the largest vertically integrated producers with a diversified business, Cherkizovo represents a good exposure to the agricultural sector, in our view. Strategically Cherkizovo intends to become more processed-food oriented given the rising demand for processed meat products. This development should allow the company to develop its brand and in time offer more value for investors.

« Back

Attachments: