Brief: Kernel Holding Q3 Net Result Turns To Profit Of $25.9 Mln

Kernel Holding SA

27/05/2019 06:42

May 27 (Reuters) - KERNEL HOLDING SA  KER.WA :
    * REPORTED ON SUNDAY Q3 NET PROFIT OF $25.9 MILLION VERSUS
LOSS OF
$39.1 MILLION YEAR AGO
    * Q1 REVENUE OF $802.5 MILLION VERSUS $541.4 MILLION YEAR
AGO
    * Q1 EBITDA $55.3 MILLION VERSUS $73.1 MILLION YEAR AGO
    * GROUP'S LEVERAGE AS OF MARCH 31 REDUCED TO 2.5X
NET-DEBT-TO
EBITDA, COMPARED WITH 3.0X METRIC A YEAR AGO AND 2.7X RATIO AS
OF DEC. 31, 2018

 Source text for Eikon:  urn:newsml:reuters.com:*:nEM6m5mfSa
    
 Further company coverage:  KER.WA  
   


 (Gdynia Newsroom)
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920))