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Share Price

Annual Report 2020

Refutation of comment in 3Q 2020 trading update press-release


19 October 2020 Rusagro published press-release on 3Q 2020 trading update, where incorrectly used notion ‘deficit’ when commenting on Sugar segment results. The Company wanted to say that there is a chance, that in season 2020/2021 sugar production may be lower than consumption. There will not be sugar deficit, as Russia has record high accumulated stocks and sugar can be also produced from imported raw materials.