Heidelberg Materials announced the successful completion of the sale of its capital-intensive French cement transportation business Tratel S.a.s. to five regional transport specialists: Groupe Garnier in the North-West and Île-de-France region, e-b-trans in the South-East and South-West, Groupe DESERT in the West, and T2GL in the East of France. Heidelberg Materials France will keep managing...
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 Cimentos announces the promotion of Osvaldo Ayres Filho, the company’s current COO, to the position...
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 level in over ten years. Net profit in the year was R$1.1 billion. The company...