Rusagro profit drops 99% in first half of 2026
Meanwhile, other sectors showed growth: the sugar segment increased by 49% (to 24.6 billion rubles), the agricultural business grew 3.5 times (to 21.6 billion rubles), and the oilseed and fat division increased revenue by 3% — to 103.7 billion rubles.
Consensus
- Rusagro's net profit under IFRS for the first half of 2026 was 55.88 million rubles.
- Rusagro's revenue increased by approximately 9% in the first half of 2016, reaching 183 billion rubles.
- The meat segment's revenue declined by 10% to 41.6 billion rubles.
- The sugar segment's revenue increased by 49% to 24.6 billion rubles.
- The agricultural business revenue grew 3.5 times to 21.6 billion rubles.
- The oilseed and fat division's revenue rose by 3% to 103.7 billion rubles.
- EBITDA for the first half of 2025 was 9.4 billion rubles.
- The meat segment's performance was negatively affected by low pork prices and shutdowns of pig farms near the border.
- The state took control of a 65% stake in Rusagro on May 6.
- The Moscow Khamovnichesky Court partially satisfied the Prosecutor General's lawsuit against Rusagro's founder Vadim Moskovich, his relatives, and former CEO Maxim Basov.
Points of divergence
- Net profit fell from 4.8 billion rubles to 55.88 million rubles, a 99% decrease. — kommersant
- Net profit fell from 4.24 billion rubles to 55.88 millon rubles, a decrease of 86 times. — vedomosti
- The decline in EBITDA was attributed to the meat segment due to low prices and shutdowns of several pig complexes near the border. — kommersant
- The decline in meat segment revenue was due to competition from chicken meat imports from China. — vedomosti
- The cost of sales increased by 16% to 161.54 billion rubles. — vedomosti
- Gross profit decreased by one-third to 24.5 billion rubles. — kommersant
- Gross profit decreased by 33.8% to 24.46 billion rubles. — vedomosti
Coverage (2 sources)
- Net profit of Rusagro decreased by 99% — Коммерсантъ
- Net profit of Rusagro under IFRS for six months decreased 86 times — Ведомости