In FY2017 Kernel increased sunflower oil sales in bulk by 10%

In 2017 financial year (FY) Kernel increased sunflower oil sales in bulk by 10.1% to 1.08 million tons.

This is stated in the company's report.

"Sunflower oil sales in bulk were up by 10.1% to a record 1.08 million tons in FY2017, reflecting historical high crushing volumes," was mentioned in the company's report.

At the same time, sunflower oil sales in bulk have increased by 34.9% to 281.59 thousand tons in Q4 FY2017.

According to the report, bottled sunflower oil sales reached 39.24 thousand liters (2.4x) in Q4 FY2017, bringing a total annual sales volume to over 131 million liters in FY2017 (+40.3%).

Let us remind that Kernel is one of the largest sunflower oil producers and exporters, leading grain producer and exporter from the Black Sea region to international markets. The company accounts for about 8% of the world's production of sunflower oil. The company exports its products to more than 60 countries. Kernel Holding has been listed on the Warsaw Stock Exchange(WSE) since November 23, 2007.