Kernel Holding SA (UKEX:KER)
â‚´ 195 0 (0%) Market Cap: 43.40 Bil Enterprise Value: 49.12 Bil PE Ratio: 0 PB Ratio: 0.54 GF Score: 75/100

Half Year 2020 Kernel Holding SA Earnings Call Transcript

Feb 28, 2020 / 02:00PM GMT
Pawel Wieprzowski
Wood & Company Financial Services, a.s., Research Division - Research Associate

Good afternoon. My name is Pawel Wieprzowski. On behalf of Wood & Company, I would like to warmly welcome you at Kernel's Second Quarter Results Conference Call. The company is represented by Andrii Verevskyi, Chairman; Anastasiia Usachova, CFO; and Yuriy Kovalchuk, Corporate Investment Director. Now I would like to pass the floor to the management.

Andrii Verevskyi
Kernel Holding S.A. - Founder & Chairman of the Board

Thank you very much. Good day, everyone, and thank you for joining us today. Today, we present to you Kernel financial results for the 3 months ended in December 2019, which is the second quarter for us for our financial year 2020.

Group revenue over the reporting period stood at

$1 billion; EBITDA, $109 million; and the net profit is $41 million. As usual, I'll take you briefly through segments. First, the Oilseeds Processing segment, we generated $39 million EBITDA in second quarter, flat compared year-to-year.

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