Poland’s Grupa Azoty Preliminary FY2020 Results: Net Profit Down 13 Percent

Polish chemicals and fertilizer group Grupa Azoty SA, Tarnów, has reported a preliminary 13 percent decline in full-year 2020 net profit to Pln355.4 million (approximately $89.6 million at current exchange rates) on revenues of Pln10.5 billion, according to a company filing. Full-year EBITDA was down 7 percent on the year, at Pln1.32 billion. Revenues were also down 7 percent.