In the first quarter of 2026, Grupa Azoty generated revenue of PLN 3.70 billion, a modest decline of 3.14% from PLN 3.82 billion in the same period a year earlier. EBITDA improved substantially, reaching PLN 317 million — an increase of PLN 325 million year on year compared with the negative result recorded in Q1 2025 (PLN -8 million). Excluding the impact of GA Polyolefins, EBITDA stood at PLN 341 million, up PLN 255 million from PLN 86 million in the prior-year period. The consolidated EBITDA margin came in at 8.6%, an improvement of 8.8 percentage points against the -0.2% recorded in Q1 2025.

In Q1 2026, Grupa Azoty generated consolidated sales revenues of PLN 3.7 billion and EBITDA of PLN 317 million, translating into an EBITDA margin of positive 8.6%. Compared to the corresponding period of 2025, consolidated EBITDA increased by PLN 325 million, while the EBITDA margin improved by 8.8 percentage points.

2025 was a year of transformation for Grupa Azoty, requiring consistency and readiness to take difficult but necessary decisions. The period was marked by intensive efforts to restore financial and operational stability. These efforts culminated in defining a new development direction set out in Grupa Azoty’s Strategy to 2030, announced in November.

On 31 March 2026, Grupa Azoty signed a preliminary agreement with Orlen for the sale of 100% of the shares in GA Polyolefins. The transaction value is PLN 1.183 billion and the transaction will be carried out on a cash-free and debt-free basis.

On 2 March 2026, the Supervisory Board of Grupa Azoty appointed the new Management Board for the Company’s 13th term, appointing Marcin Celejewski as President of the Management Board and Małgorzata Królak as Vice President. At the same time, Aleksandra Machowicz-Jaworska, Deputy Chair of the Supervisory Board, was delegated to act temporarily as Vice President of the Management Board for a period of up to three months. The new leadership is launching a phase of fundamental organizational renewal of Grupa Azoty—one of the key players in the European fertilizer and chemicals market—focused on restoring financial stability, maximizing the efficiency of industrial assets, and steering the business towards segments with the highest growth potential.

Grupa Azoty S.A. announces that its subsidiary Grupa Azoty Polyolefins S.A. has received from ORLEN S.A. a formal demand for the immediate repayment of liabilities arising from a loan agreement concluded in March 2025, intended to finance the purchase of propane. The demand was issued following banks accelerating (declaring due and payable) credit facilities.