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“Kernel” in the SECOND square-2017 FG increased its sales of sunflower oil and grains

“Kernel”, one of the largest Ukrainian agricultural groups in the second quarter of the 2017 financial year (FY), which began in July 2016, boosted grain sales by 15.3% compared to the same period last FY – to 1.53 mln tonnes.

As noted in the report of the company published on its website, the sale of fuel oil in October-December increased by 13.1% to 336,02 thousand tonnes, sales of bottled sunflower – by 16.7%, to thousand liters of 36.23.

During this period the holding company has processed 908,54 thousand tons of sunflower seeds, which is 0.7% worse than the figure for the second quarter of FY 2016.

According to the document, transhipment of grain to the export terminals of the group decreased by 2% to 1.66 million tonnes.

As reported, the “kernel” in FY 2016, has reduced sales of grain 7% compared with last FY – to 4.41 million tons. Sales of fuel oil in FY 2016 decreased by 4% to 983,904 thousand tons, and bottled sunflower oil – by 6% to 93,38 million liters .

“Kernel” – the world’s largest producer and exporter of sunflower oil, a leading manufacturer and supplier of agricultural products from the region of the black sea basin to world markets. The vertically integrated structure of the company is based on closely related business segments: production, export and domestic sales of sunflower oil; crop production; grain exports; the provision of storage and transshipment of grain at elevators and port terminals. Since 2007 the company’s shares are traded on the Warsaw stock exchange.

The share of “kernel” accounts for about 8% of the world production of sunflower oil. Their products the company exports to more than 60 countries. Refining capacity “Kernel” is 3 million tons of sunflower seeds per year, which allows to obtain 1.3 million tons of sunflower oil and about 1.2 million tons of sunflower meal. Storage capacities of the company amount to 2.8 million tonnes and a land Bank of 390 thousand hectares.

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