Finance

“The confirmation reflects our expectation of a recovery in EBITDA

Monday, May 3, 2021

which has been driven by higher poultry prices after a significant drop in 2H 2019 and 2020. Together with the expected rebound, profit in the crop sector, which was hit hard in 2020 by adverse weather conditions in Ukraine, this should lead to a reduction in the share of borrowed funds in 2021-2022,” said Fitch. The agency expects EBITDA margin to rise to 17.2% in 2021 from a historic low of 15.6% in 2020.

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