Ovostar Union egg sales volume up 16 pct in 2018

In 2018, Ovostar Union sales volume in the egg segment grew by 16% and reached 1 381 mln eggs (2017: 1 195 mln).

Export share remained at the level of the previous year, which is 43%.

In volume terms, export sales increased by 11% as compared to 2017 and totaled 587 mln eggs (2017: 529 mln eggs). The average price of eggs in 2018 grew by 19% Y-o-Y in UAH terms and reached 1.819 UAH/egg (2017: 1.533 UAH/egg); in USD terms the price increased by 16% up to 0.067 USD/egg (2017: 0.058 USD/egg).

The volume of eggs produced in 2018 was 1 625 mln (2017: 1 659 mln).

"As of 31 December 2018, the company’s total flock equaled 7.61 mln hens, including 6.38 laying hens. (2017: 7.69 and 6.62 mln hens respectively)," the message says.

Over the 9M period of 2018, Ovostar Union net profit reached USD 13.8 million which by 74% exceeds the result for the previous year (9M 2017: USD 8.0 million).

The new infographic guide Agribusiness of Ukraine 2017/18 is available by the link.