Jan 23 (Reuters) - Kernel Holding SA KER.UAX:
REPORTED ON THURSDAY ITS OPERATIONAL UPDATE FOR THE THREE MONTHS ENDED DECEMBER 31, 2025
PROCESSED 995 THOUSAND TONNES OF OILSEEDS IN Q2, UP 2% Y/Y AND 78% Q/Q. SUNFLOWER SEEDS ACCOUNTED FOR 85% OF THE TOTAL VOLUME, WHILE THE REMAINDER COMPRISED SOYBEANS, PROCESSED TO PARTIALLY OFFSET THE IMPACT OF LIMITED SUNFLOWER SEED AVAILABILITY IN THE DOMESTIC MARKET
OILSEED PROCESSING VOLUMES FOR JULY-DECEMBER 2025 TOTALED 1.6 MILLION TONNES, DOWN 6% Y/Y, REFLECTING LOWER VOLUMES PROCESSED UNDER THE TOLLING AGREEMENTS COMPARED TO THE RESPECTIVE PERIOD OF THE PREVIOUS YEAR
Q2 EDIBLE OIL SALES AT 411 THOUSAND TONNES, BROADLY FLAT Y/Y AND UP 30% Q/Q
Q2 GRAIN EXPORT VOLUME AT 1.5 MILLION TONNES, REPRESENTING A 21% INCREASE Q/Q. ON A Y/Y BASIS, VOLUMES ROSE BY 10%, PRIMARILY REFLECTING A LOW COMPARATIVE BASE IN THE PREVIOUS YEAR
DESPITE THIS INCREASE, THE OVERALL EXPORT PACE REMAINED CONSTRAINED DUE TO DELAYS IN THE HARVESTING CAMPAIGN AND CONTINUED SLOW FARMER SELLING
DURING THE REPORTING PERIOD, TWO RUSSIAN DRONE ATTACKS TARGETED THE GROUP’S PORT INFRASTRUCTURE IN THE ODESA REGION, CAUSING DAMAGE TO THE VEGETABLE OIL STORAGE TANKS AND PARTS OF THE PRODUCTION FACILITIES
PRELIMINARY ESTIMATES INDICATE THE LOSS OF APPROXIMATELY 500 TONS OF SUNFLOWER OIL
Source text: nEM2dj1CJa
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