Kernel Holding SA (OTCPK:KARNF)
$ 2.68 0 (0%) Market Cap: 947.67 Mil Enterprise Value: 1.01 Bil PE Ratio: 7.93 PB Ratio: 0.50 GF Score: 69/100

Full Year 2020 Kernel Holding S.A. Earnings Call Transcript

Oct 05, 2020 / 01:00PM GMT
Release Date Price: $17.75
Pawel Wieprzowski
Wood & Company Financial Services, a.s., Research Division - Research Associate

Good afternoon, ladies and gentlemen. My name is Pawel Wieprzowski and on behalf of Wood & Company, I would like to very warmly welcome you at the fourth quarter conference call with Kernel's representatives.

Today, the company is represented by Andrii Verevskyi, Chairman of the Board; Anastasiia Usachova, CFO; and Yuriy Kovalchuk, Corporate Investment Director.

Now I would like to pass the floor to the company's representatives.

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

Thank you. Thank you very much. Today, we represent -- we present the annual report so thank you for -- to take place in our call today. I'm pleased to present the results of the group for the year ended 30 June 2020.

Our EBITDA increased to $440 million, net profit amounted $118 million and leverage ended up at 2.2x net debt-to-EBITDA as of June 2020.

We are happy with resilient business performance of this

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