Brazil: Votorantim’s cement division’s sales fell by 7% year-on-year to US$3.24bn in 2017 from US$3.48bn in 2016. Its adjusted earnings before interest, taxation, depreciation and amortisation (EBITDA) fell by 26% to US$515m from US$693m. The company blamed the continued decline on the poor market in Brazil. Outside of Brazil, Votorantim Cimentos reported positive markets in most territories, apart from Tunisia. Overall the group’s sales rose by 5% to US$7.95bn from US$7.59bn.
Votorantim’s cement business continues to lose sales in 2017
Written by Global Cement staff
Published in
Global Cement News
Tagged under
Register for the Global Cement Weekly email newsletter
Global Cement Weekly is Global Cement’s weekly email newsletter. Keep up to date with cement industry news, analysis, diary dates and news of people in the sector.
Acquisition
Cemex
China
CO2
concrete
coronavirus
Export
France
Germany
Government
grinding plant
HeidelbergCement
Holcim
Import
India
Lafarge
LafargeHolcim
Mexico
Nigeria
Pakistan
Plant
Product
Production
Results
Russia
Sales
Sustainability
UK
Upgrade
US
| « | August 2022 | » | ||||
| Mon | Tue | Wed | Thu | Fri | Sat | Sun |
| 1 | 2 | 3 | 4 | 5 | 6 | 7 |
| 8 | 9 | 10 | 11 | 12 | 13 | 14 |
| 15 | 16 | 17 | 18 | 19 | 20 | 21 |
| 22 | 23 | 24 | 25 | 26 | 27 | 28 |
| 29 | 30 | 31 | ||||
