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.
Half Year 2020 Kernel Holding SA Earnings Call Transcript
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