At the Sustainability & ESG International Summit 2025 to be held in Cairo, Egypt on June 2-3 (Sheraton Cairo Hotel) we bring together thought leaders, industry experts, and corporate professionals from around the world to explore the latest trends, strategies,...
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Companhia Siderúrgica Nacional (CSN), one of Brazil’s leading steel producers, is moving forward in a significant expansion of its cement operations. CSN has entered into an exclusive agreement to negotiate the potential acquisition of InterCement’s facilities in Argentina and Brazil....
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With this partnership, Votorantim Cimentos intends to increase renewable energy consumption in Brazil to 75%, strengthening its decarbonization strategy and increasing its competitiveness. Atlas Renewable Energy, an international leader in providing renewable energy solutions for corporations, and Votorantim Cimentos, a...
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  Global net revenue totaled R$5.8 billion, an 18% increase compared to 1Q22. Adjusted EBITDA was R$779 million, an increase of 85% over the same period last year, with a positive impact on the EBITDA margin. Leverage, measured by the...
  • admin
  • May 12, 2023
  • 6 Min Read
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After more than four years at the head of Votorantim Cimentos, a building materials and sustainable solutions company, Marcelo Castelli is leaving his position as global CEO to become a member of the Board of Directors. To succeed him, Votorantim...
  • admin
  • May 9, 2023
  • 3 Min Read
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  Adjusted EBITDA was R$4.9 billion, 6% lower than the previous year. EBITDA margin was 19%, five percentage points lower than in 2021. Leverage, measured by the net debt/adjusted EBITDA ratio, was 1.55x, the same as 2021 and the best...
  • admin
  • March 15, 2023
  • 8 Min Read
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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.
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  • August 12, 2022
  • 6 Min Read
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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...
  • admin
  • March 31, 2022
  • 8 Min Read
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