Events and News

Best Annual Report award for Grupa Azoty S.A.

Grupa Azoty S.A. was recognised in the Best Annual Report 2016 awards programme, organised by the Institute of Accountancy and Taxes. The Company’s annual report, containing useful information presented in a user-friendly manner, was distinguished for its highest value for shareholders and investors. The judging panel highly rated the standard of presentation of Grupa Azoty’s strategy contained in the annual report, and its report on compliance with the Code of Best Practice for WSE Listed Companies was considered exemplary.

The results of the 12th edition of the awards were announced on October 19th 2017 during a closing ceremony held at the Warsaw Stock Exchange. The award was collected on behalf of Grupa Azoty S.A. by Paweł Łapiński, Vice President of the Management Board, who stressed the importance of annual reporting for transparent communication with the capital market.

‘For Grupa Azoty the publication of an annual report is not only a legal requirement but a means of implementing our policy of transparency and disclosure, which has strong implications for the quality of investor relations. I am glad that this form of our communication with the market was recognised by a group of eminent experts, particularly considering that investors’ trust is our priority,’ said Paweł Łapiński, Vice President of the Management Board and Chief Financial Officer.

The awards, organised by the Institute of Accountancy and Taxes and partnered by the Warsaw Stock Exchange as the strategic partner, aim to promote best practices in financial reporting among public companies, to improve the security and transparency of the Polish capital market. Eligible to enter the awards are companies listed on the regulated market of the WSE preparing consolidated annual reports compliant with IFRS/IAS and companies listed on the alternative market reporting in accordance with IFRS/IAS or the Accounting Act. The companies compete for the best annual report award in several categories.

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