23:43 6 November 2026
Grupa Azoty feels costs of higher gas prices
Grupa Azoty’s preliminary Q3 2026 revenue rose 11.5% y/y to PLN 3.22 bln, but it posted a PLN 25 mln EBITDA loss, versus PLN 391 mln profit a year earlier and analysts’ forecast of PLN 155 mln profit. Net loss was PLN 547 mln. The company cited sharply higher natural gas and other input costs amid Middle East tensions and shipping disruptions. Segment performance varied: agro had a 7.9% negative EBITDA margin, chemicals posted a 16.5% margin, and plastics recorded a 28.3% loss, narrowing to 9.7% excluding the impact of Grupa Azoty Polyolefins.
For the first nine months, EBITDA was PLN 586 mln and net loss reached PLN 1.14 bln. Final Q3 results are due November 19.
(pb.pl)
