NITRO-CHEM S.A. and PROZAP Sp. z o.o. (a company within Grupa Azoty’s capital structure) have signed an agreement for the development of design documentation for a new installation dedicated to the production of high-energy explosive materials, including RDX (hexogen) and, alternatively, HMX (octogen). The documentation prepared by PROZAP will form the basis for the implementation of the investment at NITRO-CHEM S.A.’s facilities.

In the first three quarters of 2025, Grupa Azoty recorded revenues of PLN 10.04 billion, an increase of approx. 2.1% compared with PLN 9.83 billion in the corresponding period of 2024. The Group’s EBITDA improved from PLN -299 million to PLN 312 million, representing an increase of PLN 611 million. EBITDA excluding Grupa Azoty Polyolefins improved from PLN -186 million to PLN 346 million, an increase of PLN 532 million.

In the third quarter of 2025, Grupa Azoty generated estimated consolidated revenue of PLN 2,894 million and EBITDA of PLN 391 million, corresponding to an EBITDA margin of 13.5%. Compared with the same period of 2024, consolidated EBITDA increased by PLN 511 million, and the EBITDA margin improved by 17.4 percentage points. Improvements in EBIT and EBITDA were recorded across all operating segments.