Further to rumours circulated by one of the trade unions as to alleged plans to dissolve leading Companies of the Grupa Azoty Group, i.e. Grupa Azoty Puławy, Grupa Azoty Police and Grupa Azoty Kędzierzyn, we firmly deny that the newly adopted Strategy of the Grupa Azoty Group includes any dissolution plans regarding those companies or any resulting staff lay-off plans. We regard such rumours as harmful fake news and we urge everyone to refrain from spreading them. Doing so could trigger unrest at the Companies concerned and cause unnecessary anxiety among our staff.

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.

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%.

A press conference devoted to the situation on the fertilizer market was held Thursday at the Ministry of State Assets. The event was attended by the Deputy Minister of State Assets Karol Rabenda and the President of the Management Board of Grupa Azoty S.A. Thomas Hinc.