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Grupa Azoty with PLN 86m in net profit after Q1
After Q1 2021, the Grupa Azoty Group reported consolidated revenue of PLN 3,362m, an increase of PLN 258m relative to the same period of 2020. Despite higher average prices of most raw materials, including natural gas, EBITDA came in at PLN 405m. Net profit for the period amounted to PLN 86m and EBITDA margin was 12.0%.
13.05.2021
Changes in composition of Grupa Azoty Management Board
On May 13th 2021, the Supervisory Board of Grupa Azoty S.A. appointed Marek Wadowski to the Company's Management Board of the new 12th term of office as its Vice President, with effect as of May 18th 2021. The Supervisory Board also appointed Zbigniew Paprocki as Member of the Management Board, with effect as of May 18th 2021.
13.05.2021
Grupa Azoty becomes CEE’s first company to offer fully biodegradable plastics
Grupa Azoty S.A. has launched a pilot line for the production of thermoplastic starch, with a capacity of 300,000 per year. The company has also signed cooperation agreements with Polska Grupa Opakowaniowa Opakomet S.A. and the Forestry Research Institute, as well as a letter of intent with the State Forests National Forest Holding. The signing of the documents, confirming the high business potential of the solution, took place at the Grupa Azoty Research and Development Centre in Tarnów on May 11th 2021.
11.05.2021
New President of Grupa Azoty Management Board
On November 13th 2020, the Supervisory Board of Grupa Azoty S.A. resolved to appoint Mr Tomasz Hinc as President of the Grupa Azoty Management Board, with effect from December 1st 2020.
16.11.2020
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
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