Oil and Fats BUSINESS
In 2020, the sales of Oil and Fats segment grew by 22% (+RUB 13.8 billion) — to RUB 76.2 billion on the back of advancing selling prices for all products and a larger sales volume of industrial fats, bottled oil, and the mayonnaises. Thanks to the high share of sold products made from cheaper sunflower seeds of the 2019 the earnings before interest, taxes, depreciation, and amortisation (EBITDA) increased by 177% and reached RUB 9.4 billion, and the adjusted EBITDA margin — by 7 p.p. from 5 to 12%.
RUSAGRO’S OIL AND FATS BUSINESS RESULTS IN 2020