Votorantim Cimentos

Global net revenue was R$ 7.4 billion in 3Q23, down 3% on 3Q22. In the first 9 months of 2023, the company recorded a 4% increase in net revenue; Adjusted EBITDA totaled R$ 1.9 billion, an increase of 9% over the same period in 2022; EBITDA margin in the period was 26%, an increase of...

  Global net revenue was R$6.9 billion, a 3% increase compared to 2Q22. Adjusted EBITDA totaled R$1.6 billion, up 17% over the same period in 2022. EBITDA margin was 23%, 3 percentage points higher than 2Q22. At the end of the first semester, leverage, measured by the net debt/adjusted EBITDA ratio, was 1.64x, 0.14x and...

The resources will be invested in a co-processing project at the Salto de Pirapora cement plant aimed primarily at increasing the site’s thermal substitution rate and reducing its CO2 emissions. On Thursday, July 20, Votorantim Cimentos, a building materials and sustainable solutions company, signed a financing agreement with the International Finance Corporation (IFC), the largest...

  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 net debt/adjusted EBITDA ratio, was 1.78x, slightly lower than in the first quarter of 2022;...

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...

In 2022, Votorantim Cimentos was recognized by CDP as one of the best evaluated companies in the 2022 Climate Change Program

  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...

Votorantim Cimentos, a building materials and sustainable solutions company, is introducing its new corporate brand: more contemporary and representative of the diversity of its people, products and businesses, combining tradition, innovation and a vision of the future. The new visual identity seeks to connect the company’s strategic objectives and sustainability commitments with the process of...

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.