Steppe: revenue up 40% in Q1 2021
30 April 2021
Steppe Agroholding, Russia’s large-scale crop and raw milk producer, reports revenue of $91.3 million in Q1 2021, a 40%-increase as compared to the same period last year. The key drivers behind the growth, as mentioned by Steppe, were business scaling, growth of exports, improvement of trading strategy, and output increase in dairy segment. This year, Steppe Agroholding has sowed winter wheat on the farmland area of 250,000 hectares.