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.
After Q1 2021, the Grupa Azoty Group reported consolidated revenue of PLN 3,362m, an increase of PLN 258m relative to the same period of 2020. Despite higher average prices of most raw materials, including natural gas, EBITDA came in at PLN 405m. Net profit for the period amounted to PLN 86m and EBITDA margin was 12.0%.
On 9th April 2021 analysts of DM mBank recommended HOLD on Grupa Azoty S.A. shares, with the target price set at PLN 30.23
At its meeting held on April 19th 2021, the Supervisory Board of Grupa Azoty S.A. reappointed members of the Company’s Management Board for a new 12th term of office, with effect from May 18th 2021.
On 20th April 2021 analysts of DM BOŚ recommended BUY on Grupa Azoty S.A. shares, with the target price set at PLN 43.00.
On Friday, April 16, 2021 at At 2:00 p.m, an investor chat was held with Mr Tomasz Hryniewicz, Vice-President of Grupa Azoty S.A., responsible, i.e. for: Controlling, Finance, Financial and Credit Risk Management and Investor Relations, President of the Management Board of Grupa Azoty Puławy.