Agricola Bacau sells 9 pct more poultry in Q1

Newsroom 28/04/2015 | 16:04

Romanian meat producer Agricola Bacau sold 9,000 tons of poultry in the first quarter of this year, up by 9 percent compared to the same month last year, the company has announced. This was the largest volume ever sold during the first three months of a year, said Grigore Horoi, the president of Agricola Bacau, adding that the producer is on track to meet the 36,000 tons target for 2015.

Poultry sales increased by 7 percent in value as average prices dropped both on the domestic market and elsewhere in the EU, according to company representatives.

Overall, the Agricola Bacau group of companies reported a RON 135 million (approximately EUR 30 million) turnover, up by almost 2 percent against the same period last year. By comparison, in Q1 2014 the producer reported a 15 percent increase against Q1 2013. The lower growth rate reported this year was triggered by some companies part of the group that saw sales drop or reduce their growth rate.

Simona Bazavan

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