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%.
The Grupa Azoty 2021–2030 Strategy is a response to challenges posed by the contemporary world, covering environment, society and its safety. The document envisages a number of specific measures driven by the Group’s climate and energy transition policy. The new strategy provides for the launch of the ‘Green Azoty’ project, intended mainly to decarbonise and reduce emissions from the Group’s production units, implement R&D projects that are consistent with the European Green Deal and deploy new solutions in the area of environmentally friendly, zero carbon renewable energy sources, including solar photovoltaics and wind power. In line with the adopted objectives, the total capacity of new renewable energy sources will reach ~300 MW in 2030. The entry into the wind power and SMR segments contemplated by the Group may deliver additional several hundred MW from zero-carbon energy sources.
Are you an undergraduate or graduate working for a doctoral degree, actively involved in the life of the student community and looking to have a future career in the industrial sector? Grupa Azoty is calling for applications by candidates who want to be Grupa Azoty Brand Ambassadors at their universities during the 2021/2022 academic year.
In the three months to June 30th 2021, the Grupa Azoty Group posted a net profit of PLN 168m, an increase of PLN 111m on the same quarter of 2020. In the second quarter of 2021, the Group’s consolidated revenue was PLN 3,173m, up PLN 904m year on year. EBITDA amounted to PLN 361m (up PLN 46m year on year), with EBITDA margin at 11.4% (down 2.5pp year on year).
Since the very onset of the pandemic, the Grupa Azoty Group has been actively involved in supporting various institutions combating COVID-19. Already in mid-March 2020, the management and supervisory boards of each of the Group’s key companies decided to donate PLN 750 thousand (per company) for that purpose.
On May 13th 2021, the Supervisory Board of Grupa Azoty S.A. appointed Marek Wadowski to the Company's Management Board of the new 12th term of office as its Vice President, with effect as of May 18th 2021. The Supervisory Board also appointed Zbigniew Paprocki as Member of the Management Board, with effect as of May 18th 2021.