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Grupa Azoty Signs New Agro Season Agreements
Grupa Azoty has completed its agreements in the Agro sector for the 2024/2025 season, signing a total of 66 contracts with its authorized distribution network for the domestic market. Internationally, a significant portion of sales is based on short-term agreements, while some cooperation is carried out under framework agreements.
04.07.2024
Grupa Azoty Announces Q1 Financial Results
In Q1 2024, Grupa Azoty reported consolidated sales revenues of PLN 3,399 million and an EBITDA of minus PLN 50 million, with an EBITDA margin of minus 1.5%. These results align with the estimated financial results published on May 21, 2024.
28.05.2024
Grupa Azoty decides to cease publishing consolidated production volumes
Grupa Azoty has decided to stop publishing estimated production volumes. This decision was made, among other reasons, due to the lack of significant deviations in production volumes of Grupa Azoty companies in the recent period compared to the corresponding period of the previous year, while gradually increasing the utilization of production capacities within the Grupa Azoty S.A. Capital Group.
17.05.2024
Hubert Kamola appointed President of the Management Board of Grupa Azoty Puławy
On May 7, the Supervisory Board of Grupa Azoty Puławy appointed Hubert Kamola as a Member of the Management Board, effective May 8, 2024, for the remaining duration of the three-year term starting on May 26, 2022. Mr. Kamola will take on the role of President of the Management Board.
07.05.2024
Financial results of Grupa Azoty for Q4 and full year 2023
In 2023, Grupa Azoty achieved consolidated sales revenues of PLN 13,545 million and an EBITDA result of minus PLN 1,366 million, with an EBITDA margin of minus 10.1%. The net loss amounted to PLN 3.29 billion. In 2023, Grupa Azoty relied significantly more on external financing, including loans and factoring, increasing debt by PLN 2.8 billion from PLN 7.1 billion at the end of 2022 to PLN 9.9 billion as of December 31, 2023.
29.04.2024
Dismissal of Members of the Management Board of Grupa Azoty Puławy and delegation of Supervisory Board Member to perform duties of President
During a meeting on April 12, the Supervisory Board of Grupa Azoty Puławy made changes to the company's Management Board.
12.04.2024
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