MHP Poultry sales boosted by exports
In the second quarter of 2018, MHP's poultry production volume rose by 7% to 155,725 t. and in H1 2018 increased by 7% to 307,890 t., due to increased production of heavier chicken and decreased share of thinning.
During the second quarter of 2018 the volume of chicken meat exports totaled 70,145 t. and remained almost stable compared to the second quarter of 2017 volume - 71,332 t.
During the first half of 2018, poultry exports increased by 9% and reached 133,564 t. compared to H1 2017 (123,042 t.), mainly driven by the growth of exports in Q1 2018.
Based on its strategy on both geographic diversification and product mix optimization, the company has increased its chicken meat export volumes across the MENA, the EU, Africa and Asia.
Total poultry exports in H1 2018 constituted around 46% vs 43% in H1 2017 of total poultry sales volumes.