Half Year 2020 Kernel Holding SA Earnings Call Transcript
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.
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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