The company made progress toward its 2030 decarbonization targets with an increase in the use of alternative fuels and new materials to replace clinker in cement production, and investments in renewable energy In 2023, Votorantim Cimentos, a building materials and...
- April 5, 2024
- 6 Min Read
Consolidated global net revenue in the year was R$26.7 billion, up 3% compared to 2022. Record adjusted EBITDA of R$5.8 billion, an increase of 18% over the previous year. EBITDA margin was 22%, up three percentage points compared to 2022....
- March 25, 2024
- 9 Min Read
With this partnership, Votorantim Cimentos intends to increase renewable energy consumption in Brazil to 75%, strengthening its decarbonization strategy and increasing its competitiveness. Atlas Renewable Energy, an international leader in providing renewable energy solutions for corporations, and Votorantim Cimentos, a...
- January 18, 2024
- 5 Min Read
Votorantim Cimentos Closes 3Q23 with a net profit of R$ 824 million, a 36% increase compared to 3Q22
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...
- November 10, 2023
- 5 Min Read
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...
- August 11, 2023
- 6 Min Read
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...
- July 21, 2023
- 4 Min Read
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...
- May 12, 2023
- 6 Min Read
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...
- May 9, 2023
- 3 Min Read
In 2022, Votorantim Cimentos was recognized by CDP as one of the best evaluated companies in the 2022 Climate Change Program
- April 3, 2023
- 3 Min Read
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...
- March 15, 2023
- 8 Min Read