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Grupa Azoty Group posts stable financial results despite ongoing pandemic

The Grupa Azoty Group booked a second-quarter net profit of PLN 57m, up PLN 22m year on year. Consolidated revenue came in at PLN 2,269m in the second quarter, which is PLN 469m less than in the corresponding period of 2019. EBITDA stood at PLN 315m, with EBITDA margin at 13.9%, a year-on-year increase of PLN 29m and 3.4pp, respectively.

10.09.2020
Full funding for Polimery Police secured under agreements

Grupa Azoty S.A., Grupa Azoty ZCh Police, Grupa Azoty Polyolefins, Grupa LOTOS, Hyundai Engineering Co., and Korea Overseas Infrastructure & Urban Development Corporation (KIND) have signed agreements for the financing of the Polimery Police project. Also, Grupa Azoty Polyolefins, the SPV formed to implement the project, which is of key importance to the entire chemical industry, has signed a credit facility agreement with a syndicate of domestic and foreign financial institutions.

04.06.2020
Grupa Azoty Group’s performance remains largely unaffected by coronavirus pandemic

In Q1 2020, the Grupa Azoty Group reported consolidated revenue of PLN 3,104m, down 7.8 % on Q1 2019, which was a record-breaking period in the Group’s history. EBITDA and the EBITDA margin were PLN 476m and 15.3% as a result of a drop in average selling prices of products and low prices of gas.

21.05.2020
Year of record high revenue and key capex projects

In 2019, the Grupa Azoty Group posted consolidated revenue of PLN 11.3bn (up PLN 1.3bn year on year), EBITDA of PLN 1.4bn, and EBITDA margin of 12.6% (up 4.9pp year on year). It was a record-breaking year for the Group in terms of its top-line performance and ongoing key capex projects.

08.04.2020
Grupa Azoty issues a warning against a fraud attempt
Grupa Azoty would like to warn its trading partners of fraudulent attemps to obtain payments. Scammers impersonating Grupa Azoty employees send a message notifying a change of bank account details and fake invoices to the company’s trading partners.
04.12.2019
Grupa Azoty Group posts record revenue for the first nine months of 2019
The Grupa Azoty Group reported consolidated revenue of PLN 2,564m for the third quarter of 2019, an increase of PLN 239m year on year. Revenue for the first nine months of 2019 reached a record level.
13.11.2019
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