Grupa Azoty Group financial results significantly affected by market conditions in Europe

27.09.2023

Grupa Azoty Group’s financial results for the second quarter of 2023 are in line with the estimates presented on September 18th 2023. In the three months ended June 30th 2023, the Grupa Azoty Group generated consolidated revenue of PLN 3,491m, EBITDA of PLN -608m, and an EBITDA margin of -17.4%. As highlighted in the press release regarding estimated results, the reporting period witnessed the convergence of adverse market factors impacting all producers in the European fertilizer and chemical industry. Those adverse developments arose as a consequence of Russia’s aggression against Ukraine and the European Union’s decision to suspend tariffs on imports of urea and ammonia from countries outside the EU.

For more information:

Monika Darnobyt
Press Officer of the Grupa Azoty Group
##gotrocxz#at#vgjeppodin.rdb##
Phone: +48 785 780 005

Press release PDF (137.11 KB) Press release - editable version DOCX (67.15 KB)

Fertilizers

Compound fertilizers

Nitrogen fertilizers with sulphur

Nitrogenous fertilizers

Phospho-nitrogenous fertilizers

Sulphur fertilizers

Plastics

Alphalon® (PA6)

Tarnamid® (PA6)

Oxoplast

Alcohols

Aldehydes

Plasticizers

Pigments

Sulfur

Chemicals

Catalysts

Inorganic chemicals

Organic chemicals

RedNox®

Packaging and foils

Polyolefins

Gryfilen® Homopolymer

Gryfilen® Impact Copolymer

Gryfilen® Random Copolymer

sugar beet

rapeseed

corn

potato

grassland

winter cereals

spring cereals