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Grupa Azoty SA (5PL.SG)

Stuttgart - Stuttgart Delayed price. Currency in EUR
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5.05+0.14 (+2.96%)
As of 04:25PM CEST. Market open.
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  • Reuters

    Polish fertiliser company Grupa Azoty highlights financing risks after Q1 loss

    Grupa Azoty's shares fell sharply on Tuesday after the Polish fertiliser company reported a first-quarter net loss of 521.7 million zlotys ($125.95 million) and said it saw a risk of breaching financing covenants. Deputy CEO Marek Wadowski told a press conference that Azoty's net debt to EBITDA ratio would exceed the acceptable values ​​in financing agreements.