Q3 2021 Kernel Group Holdings Inc Earnings Call Transcript
Good afternoon, ladies and gentlemen. My name is Pawel Wieprzowski. On behalf of WOOD & Company, I very warmly welcome you to the third-quarter results conference call with Kernel's management. Today, the company is represented by Andrii Verevskyi, Chairman of the Board; Anastasia Usachova, CFO; Yuriy Kovalchuk, Corporate Investment Director.
Gentlemen, congrats on the results. Please go ahead.
Thank you very much. Good afternoon, everyone. Thank you for joining us today. I'm presenting to you Kernel's financial result of the three months ended in March 2021. This is our third quarter of financial year 2021. Group revenue over the reporting period stood at EUR1.7 billion. EBITDA reached $111 million, and net profit was $16 million. The financial leverage continued to reduce and reaching 1.4 net debt to EBITDA as of the end of March 2021.
I start as usual from oilseeds processing segment. So
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