Grupa Kapitałowa Grupa Azoty
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Press releases
Changes in composition of Grupa Azoty Management Board
At its meeting held on 19 February 2024, the Supervisory Board of Grupa Azoty S.A. made changes to the composition of the Company’s Management Board.
Grupa Azoty’s “We Care for the Polish Land” lottery is launched
1 February 2024 will see the start of Grupa Azoty’s seventh customer lottery “We Care for the Polish Land”, which this time will be held under the slogan “The Best for the Best.” Among this year’s prizes is a John Deere 5090M tractor.
Grupa Azoty receives PLN 173m under the ‘Aid to energy-intensive industries related to natural gas and electricity prices in 2023’ programme
Grupa Azoty S.A. has received state aid under the ‘Aid to energy-intensive industries related to natural gas and electricity prices in 2023’ programme administered by the National Fund for Environmental Protection and Water Management. The amount of the financial support granted to Grupa Azoty S.A. is PLN 12m, with compensation for the Grupa Azoty Group companies totalling PLN 173m.
Grupa Azoty Group reports higher demand in the Agro segment in Q3 2023
The third-quarter financial results of the Grupa Azoty Group are in line with estimates presented on October 26th. The Group generated consolidated revenue of PLN 3,075 million, EBITDA of PLN -348 million, and EBITDA margin of -11.3%.
Top Brand 2023 – Grupa Azoty secures top spot as the strongest chemical brand
Top Brand 2023 is the most comprehensive ranking showcasing the quality of brand image and media popularity of companies on the Polish market. The sixteenth edition of the Best Image Brands Report evaluated 500 brands spanning 50 different industries. The company recognised as Top Brand 2023 within the chemical sector was Grupa Azoty.
Grupa Azoty Group’s estimated financial results for Q3 2023
The three months ended September 30th 2023 saw improved demand, notably in the Agro Segment and, to a degree, in the Chemicals Segment, especially relative to the prior quarter. This led to an increase in production volumes and a decrease in fertilizer inventories. However, most Grupa Azoty products were offered at prices that were lower than those from the previous year by an average of 52%. The Group estimates to have generated consolidated revenue of PLN 3,075m, EBITDA of PLN -348m, and an EBITDA margin of -11.3%.