Business
Kernel S A : Operations Update for the three months ended 30 June 2025
Kernel S A : Operations Update for the three months ended 30 June
About this update from Kernel Holding S.a.
[{"type":"text","content":"\n Operations Update\n \n \n Q4 FY2025\n \n \n 21 JULY 2025\n \n \n KERNEL HOLDING S.A.\n \n \n OPERATIONS UPDATE FOR THE THREE MONTHS ENDED 30 JUNE 2025\n \n Segment volumes\n \n \n thousand metric tons\n \n \n Q4 FY2024\n \n \n Q3 FY2025\n \n \n Q4 FY2025\n \n \n y-o-y\n \n \n q-o-q\n \n \n FY2024 \n \n \n FY2025 \n \n \n y-o-y\n \n \n Oilseeds processed\n \n \n 954\n \n \n 845\n \n \n 952\n \n \n (0%)\n \n \n 13%\n \n \n 3,192\n \n \n 3,453\n \n \n 8%\n \n \n Edible oil sales1\n 387\n \n \n 347\n \n \n 381\n \n \n (1%)\n \n \n 10%\n \n \n 1,477 \n \n \n 1,404 \n \n \n (5%)\n \n \n Grain and oilseeds received in inland silos\n \n \n 53\n \n \n 91\n \n \n 34\n \n \n (37%)\n \n \n (63%)\n \n \n 2,802\n \n \n 2,719\n \n \n (3%)\n \n \n Export terminal's throughput (Ukraine)\n \n \n 2,270\n \n \n 2,522\n \n \n 1,806\n \n \n (20%)\n \n \n (28%)\n \n \n 6,700\n \n \n 9,136\n \n \n 36%\n \n \n Grain export from Ukraine2\n 1,613\n \n \n 1,591\n \n \n 984\n \n \n (39%)\n \n \n (38%)\n \n \n 5,452 \n \n \n 5,427 \n \n \n (0%)\n \n Note 1 Includes sales of sunflower oil in bulk and bottled sunflower oil, as well as rapeseed and soybean oil sold in bulk.\n Note 2 Excluding physical trading volumes reported by Avere, a subsidiary of Kernel involved in physical and proprietary trading. Preliminary figures; financial year ends 30 June.\n Differences are possible due to rounding.\n \n \n \n Key operational highlights\n \n \n Kernel processed 952 thousand tons of oilseeds in Q4 FY2025, representing a 13% increase q-o-q (and flat y-o-y), driven by stronger farmer selling as producers began releasing inventories previously withheld. The processed volume included 852 thousand tons of sunflower seeds, alongside 71 thousand tons of soybeans and 29 thousand tons of rapeseeds. The total oilseed processing volume for FY2025 reached 3.5 million tons, an 8% increase y-o-y. This result was supported by the Group's ability to adapt its processing mix to include alternative oilseeds, mitigating the impact of limited domestic sunflower seed availability during the year.\n \n \n Edible oil sales in Q4 FY2025 totaled 381 thousand tons, up 10% q-o-q and in line with the corresponding period of the previous year, supported by stable oilseed processing volumes. This brought total edible oil sales for FY2025 to 1.4 million tons, down 5% y-o-y. Of the quarterly v...