Votorantim Cimentos sees strong Q3 growth across Brazil, Latin America

Votorantim Cimentos reported on Nov. 13 significant growth in sales across Brazil and Latin America in the third quarter of 2025.

The company achieved a 16% increase in net revenue in Brazil, totaling Real 4 billion ($756 million), driven by positive sales volume and pricing dynamics. In Latin America, net revenue increased by 39% compared to the previous year, primarily due to favorable market conditions in Bolivia and Uruguay.

The company's performance extended beyond Latin America, with a 10% increase in net revenue in North America, reaching Real 2.8 billion, and a 12% increase in Europe and Asia, totaling Real 1.3 billion. These results reflect higher sales volumes and improved pricing across various regions.

"We closed the third quarter with consistent growth in operational results, alongside an increase in investments. We continue to advance in competitiveness, decarbonization, and new business, supported by the robustness of our company, even in the face of a volatile and cautious environment," Global CEO Osvaldo Ayres said.

"Votorantim Cimentos continues to invest without losing sight of traditional financial discipline, corroborated by the reaffirmation of Fitch's credit rating. We also maintained solid liquidity, allowing the company to meet its financial obligations in the coming years," Global CFO Antonio Pelicano said.

In terms of investments, Votorantim Cimentos increased its capital expenditures by 31% in the third quarter, amounting to Real 831 million. This investment strategy aligns with the company's goals of modernization, competitiveness, and sustainability, with 75% of the allocation dedicated to projects focused on these areas. The company is executing a broader investment plan of Real 5 billion in Brazil from 2024 to 2028, with Real 2.4 billion already in progress.

For the third quarter, Votorantim Cimentos reported consolidated net revenue of Real 8.7 billion, a 15% increase from the same period in 2024. The adjusted consolidated EBITDA reached Real 2.4 billion, reflecting a 10% rise in local currency year over year. The company's net income for the quarter was Real 967 million, indicating a 3% increase when considering only the current portfolio.