Grupa Azoty Group Integrated Report 2020 is now available online. The report presents key financial and non-financial information on the Group’s activities.
During the 2021/2022 academic year, Grupa Azoty will be represented by six Ambassadors designated by the Group’s key companies. As in previous years, the Grupa Azoty Brand Ambassador programme, the main purpose of which to increase awareness of the Group’s activities and promote it within academic communities, attracted a large group of undergraduate and graduate students of various Polish universities looking to develop professionally in the industrial sector. The inaugural meeting of the programme’s 5th edition was held on December 8th.
The last six months on the Polish fertilizer market was unlike anything producers, distributors and farmers have ever seen before on the Agro supply market. Record volatility and soaring prices of key feedstocks used in fertilizer production, namely natural gas, phosphate rock and potassium chloride, triggered an unprecedented, sharp growth of production costs, which in turn pushed up fertilizer selling prices.
On October 29th, Grupa Azoty Polyolefins S.A. concluded an agreement regarding cooperation in the field of education with the Poviat Starosty in Police.
Consolidated revenue for the third quarter of 2021 was PLN 3,882m, up PLN 1,466m year on year. EBITDA came in at PLN 300m (up PLN 50m year on year). However, comparable EBITDA adjusted for one-off items comprising sectoral compensation payments and the government anti-crisis shield scheme was PLN 130m higher year on year in the third quarter of 2021. EBITDA margin was 7.7%.
“On the back of decisive measures taken by Grupa Azoty to stabilise the fertilizer market, the price increases have slowed down. Some of the authorised distributors of Grupa Azoty have posted on their websites detailed price lists with revised retail prices,’ said Karol Rabenda, Deputy Minister of State Assets.