May 27, 2019 / 5:45 AM / 5 months ago

BRIEF- Kernel Holding Q3 Net Result Turns To Profit Of $25.9 Mln

May 27 (Reuters) - KERNEL HOLDING SA:

* 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:

Further company coverage: (Gdynia Newsroom)

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