On May 26-29 this year, the largest and most important meeting of stock exchange investors in Poland took place - the "Wall Street26" conference, organized by the Association of Individual Investors.
In the first quarter of 2022, Grupa Azoty faced high and volatile prices of feedstocks, mainly natural gas, phosphate rock, potassium chloride, benzene, phenol, and propylene. Despite the challenging market landscape and feedstock pressure, Grupa Azoty delivered solid financial results by maintaining fertilizer production at levels reflecting maximum available capacity throughout the first quarter of 2022, which also enabled it to fully meet domestic demand.
On 22nd April 2022 analysts of TRIGON DM recommended BUY on Grupa Azoty S.A. shares, with the target price set at PLN 47.20
Following publication in the Official Journal of the European Union of sanctions imposed on Viatcheslav Kantor on April 8th 2022 and following imposition on April 25th 2022 of national sanctions on Mr Kantor and his related parties: Norica Holding S.à.r.l. of Luxembourg, Opansa Enterprises Limited of Cyprus and Rainbee Holdings Limited of Cyprus, holding in total a 19.82% ownership interest in Grupa Azoty S.A., the Company announces that: Viatcheslav Kantor is not a beneficial owner of the Company within the meaning of Directive (EU) 2015/849 of the European Parliament and of the Council; Viatcheslav Kantor neither owns nor has control over the Company within the meaning of the EU sanctions legislation, including Council Regulation (EU) No 269/2014.
On Friday, April 29, 2022 there was a chat with Marek Wadowski, Vice President of the Management Board of Grupa Azoty S.A.
In 2021, the Grupa Azoty Group posted consolidated revenue of PLN 15.90bn (up PLN 5.38bn year on year), EBITDA of PLN 1.95bn (up PLN 624m year on year), and EBITDA margin of 12.2% (down 0.4pp year on year). Net profit in 2021 reached PLN 634m, having increased by PLN 279m year on year. The largest contribution to consolidated EBITDA earned by the Grupa Azoty Group in the fourth quarter of 2021 was made by the Chemicals segment, which posted its best performance on record.