Головна сторінка
/
Новини
/

MCB Agricole to expand land bank by 10-12% to 110-112 ths ha

MCB Agricole to expand land bank by 10-12% to 110-112 ths ha

20 September 2010

MCB Agricole (FSE: 4GW1 GR) plans to expand its current land bank by 10-12% to 110,000-112,000 mt in the next 2-3 weeks, Fyodor Vlad, deputy managing director reported last week in an interview with Interfax. The company also expects to decrease its area planted with winter crops by 3.7% y-o-y to 52,000 ha and compensate it with increased soya and buckwheat planting in 2011. Ruslan Patlavskyy: Given the company’s slow progress in increasing its planted area within its land bank, which according to our estimates was below 80% last year, we see land bank expansion as neutral for MCB Agricole and do not expect the acquisition to have a substantial material effect to the company’s 2011E financials.

Останні новини

News

23

02/2022

Separatists may claim entire territories of two Ukrainian regions

Russia has recognized “all fundamental documents” of the self-proclaimed Donetsk and Luhansk People’s Republics (DNR...

News

23

02/2022

U.K. to provide USD 500 mln loan guarantee for Ukraine as IMF mission starts

The British government is going to provide up to USD 500 mln in loan guarantees...

News

23

02/2022

MinFin bond auction receipts jump to UAH 3.5 bln

Ukraine’s Finance Ministry raised UAH 3.3 bln and EUR 7.2 mln (the total equivalent of...