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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
Year of record high revenue and key capex projects

In 2019, the Grupa Azoty Group posted consolidated revenue of PLN 11.3bn (up PLN 1.3bn year on year), EBITDA of PLN 1.4bn, and EBITDA margin of 12.6% (up 4.9pp year on year). It was a record-breaking year for the Group in terms of its top-line performance and ongoing key capex projects.

08.04.2020
Polimery Police project with confirmed funding conditions with financing partners.

The Management Board of Grupa Azoty Polyolefins S.A. has signed commitment letterswith Polish and international financial institutions, confirming the submission of debt offers for the “Polimery Police” project.

30.03.2020
Polimery Police with new building permits
On February 19 and 20, 2020 the EPC contractor of the Polimery Police investment project, Hyundai Engineering Co., Ltd. received another 3 building permits.
25.02.2020
Hyundai Engineering enters the Polimery Police construction site
In the presence of the Szczecin Province Governor Tomasz Hinc and the President of Grupa Azoty’s Management Board Wojciech Wardacki, the Management Board of Grupa Azoty Polyolefins ceremonially handed over possession of the construction site to Hyundai Engineering Co. Ltd. (“Hyundai”). The general contractor will thus be able to start construction work in the area of the future new storage and handling terminal.
07.01.2020
Grupa Azoty issues a warning against a fraud attempt
Grupa Azoty would like to warn its trading partners of fraudulent attemps to obtain payments. Scammers impersonating Grupa Azoty employees send a message notifying a change of bank account details and fake invoices to the company’s trading partners.
04.12.2019
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