Brief: Grupa Azoty Creates 586 Mln Zloty Impairment Charge On Loans To Unit

Grupa Azoty SA

15/01/2026 06:35

Jan 15 (Reuters) - GRUPA AZOTY ATTP.WA:

SAID ON WEDNESDAY IT CREATED IMPAIRMENT CHARGE ON LOANS TO ITS GRUPA AZOTY POLYOLEFINS UNIT

THE IMPAIRMENT CHARGE AMOUNTS TO 586.0 MILLION ZLOTYS

THE CHARGE WILL BE RECOGNISED IN ITS 2025 STANDALONE FINANCIAL STATEMENT, REDUCING NET PROFIT BY 589.8 MILLION ZLOTYS

IT IS ALSO ANALYSING THE NEED FOR A POTENTIAL IMPAIRMENT ON GA POLYOLEFINS' ASSETS IN THE CONSOLIDATED STATEMENT

THE CHARGES ARE PART OF PREPARATIONS FOR A POTENTIAL DIVESTMENT OF GRUPA AZOTY POLYOLEFINS TO ORLEN

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 (Gdansk Newsroom)

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