Grupa Azoty’s financial results for Q4 and the full year 2024 are in line with previously published estimates. In 2024, the Group generated consolidated sales revenue of PLN 13.043 billion and an EBITDA result of minus PLN 330 million, with an EBITDA margin of minus 2.5%. This represents an improvement in EBITDA of more than PLN 1 billion compared to 2023. The net loss was reduced from PLN 3.29 billion in 2023 to PLN 1.1 billion in 2024.
According to preliminary estimates, Grupa Azoty generated consolidated sales revenue of PLN 13,043 million in 2024, with an EBITDA result of minus PLN 330 million and an EBITDA margin of minus 2.5%, representing an improvement of over PLN 1 billion in EBITDA compared to 2023.
The validity period of the Stabilization Agreement between Grupa Azoty Polyolefins and Financial Institutions, originally dated December 15, 2023, and subsequently amended, concerning the financing of the Polimery Police project, has been extended from April 22, 2025, to May 20, 2025.
Grupa Azoty is expanding its portfolio of multinutrient fertilizers with the launch of MultiCorn NP (S) 14-34 (+23) enriched with zinc. Manufactured by Grupa Azoty Police, this advanced fertilizer is particularly recommended for maize cultivation due to its rich nutrient profile.
The PLN 320 million investment program carried out by Grupa Azoty Kędzierzyn since 2019 has been completed with the commissioning of a new peak-load backup boiler – the final of seven projects comprising the New Energy Concept.
Grupa Azoty S.A., on its own behalf and on behalf of selected companies from the Grupa Azoty Capital Group, has signed an annex to the Agreement dated February 2, 2024 (as amended) with the Financing Institutions. The term of the Agreement has been extended until May 15, 2025, provided that the relevant Financing Institutions confirm the extension by April 30 of this year.