IMC S A : has completed winter wheat harvesting

Kyiv, 12 August 2021

IMC has completed winter wheat harvesting

A total of 122 thousand tonnes of wheat was harvested from an area of 21.4 thousand hectares, the average yield is 5.7 t/ha, which is 25% higher than the average yield of this crop in Ukraine (4.55 t/ha).

"Weather conditions during the whole wheat growing season in the regions where IMC operates were very different, first of all it concerned the drought with no actual precipitation and extremely high temperatures in Sumy region during grain forming period, which negatively affected wheat yield in this region. But due to the wide geography of operations, in other regions the result was excellent, which allowed to reach more than decent yield. Moreover, from a technological point of view, all field operations were performed correctly and in a timely manner", - commented IMC's Chief Operating Officer Oleksandr Verzhykhovskyi.

About IMC

IMC is one of the TOP-10 agricultural companies in Ukraine, and is listed on the Warsaw Stock Exchange. The company is primarily involved in crop farming, the storage of grain and oilseed crops, and dairy farming. It operates 120,000 hectares of land located in the prime fertile farming regions of Ukraine (Poltava, Chernihiv, Sumy). The company was founded in 2007. In 2020, IMC reported Net profit of USD 31.7 million and EBITDA of USD 71.8 million.

For more information about IMC please visit our web-site: www.imcagro.com.ua