Reports

Over 13 million tons of carbon dioxide reach the atmosphere every year due to cement production in Romania, a country that produces around 15 million tons of cement annually, the aggregate figure at the level of the biggest players in...

Despite the slowdown in the world economy, Votorantim Cimentos continues to operate within solid financial metrics and with high liquidity, maintaining its investment grade status with a stable outlook attributed by the credit rating agencies Moody’s and Fitch. The company’s leverage remained at stable levels and in line with our financial policy. In May, we carried out a transaction in the international market that repurchased the most expensive debt in our portfolio, taking advantage of attractive market rates. And we used funds from debt issuances in the local market with more attractive rates to finance our operation,” said Bianca Nasser, Global CFO of Votorantim Cimentos.

According to Eurostat estimates, CO2 emissions grew in 2021 in almost all EU Member States, with the largest increase in Bulgaria (+18.0%), followed by Estonia (+13.1%), Slovakia (+11.4%) and Italy (+10.6 %). The only two countries with an estimated decrease...

32 technical experts from diverse climate change-related thematic areas, representing various developed and developing countries across Africa, the Americas, Asia, Europe and Oceania met in-person in Bonn for the technical analysis of developing countries’ biennial update reports (BURs) earlier in...

Votorantim Cimentos ended the first quarter of 2022 with consolidated net revenue of R$4.9 billion, an increase of 22% compared to the same period last year. This was primarily due to favorable price dynamics in Brazil, North America, Europe, Asia and Africa, in addition to the positive effect of new sales volumes resulting from acquisitions made by the company during 2021.

Consolidated net revenue totaled R$22.3 billion in 2021, an increase of 33%. Adjusted EBITDA was R$5.2 billion, up 37% over the previous year. EBITDA margin was 24%, 1 percentage point higher than in 2020. Leverage, measured by the net debt/adjusted...

Record financial performance with over-proportional Recurring EBIT growth of +25.7% LFL, EPS1  of CHF 3.98, +30% and ROIC of 8.9% Record Free Cash Flow2  at CHF 3,264m Board proposes 10% increase in dividend to CHF 2.20 Expansion of Solutions &...

All key figures in the 2021 business year improved – Group revenue +8%; result from current operations before depreciation and amortisation (RCOBD) +6%; result from current operations (RCO) +12% 1) Successful price increases and good fixed cost management – basis...

 Argos achieved an annual consolidated EBITDA of 2.16 billion Colombian pesos, the highest result in its history.  The company reported an 18.3%** increase in consolidated cement volumes and a 2.7%** increase in consolidated ready-mix volumes at the end...

CemBR Forecasts reportis a must-have tool that every cement professional must own. It has global, regional, and country-by-country five year forecasts, the current edition covers 2020-2025.