Polish fertilizers and chemicals group Grupa Azoty SA, Tarnów, sees its third-quarter EBITDA at Pln316.3 million (approximately $82.5 million at current exchange rates) with revenue at Pln2.56 billion, the group said in a preliminary results filing on Oct. 29. Net profit for the third quarter is expected to come in at Pln61.0 million.
The Polish group reported a third-quarter 2018 consolidated net loss of Pln116.8 million on revenues of Pln2.33 billion (GM Nov. 9, 2018). Its third-quarter 2018 attributable net loss was Pln105.6 million, with EBITDA at Pln44.1 million.
It sees first nine-month 2019 net income at Pln455.9 million and EBITDA and revenue at Pln1.26 billion and 8.67 billion, respectively, according to a Bloomberg report, citing the filing.
For first nine-months 2018, the group reported a consolidated net profit of Pln59 million on revenues of Pln7.2 billion (GM Nov. 9, 2018). Adjusted EBITDA was Pln580 million.
Grupa Azoty will publish its final third-quarter 2019 results on Nov. 13.