Economy & Market
Votorantim Cimentos' EBITDA & earnings grow slowly
Votorantim Cimentos earned revenues of $2.47 billion in 2019, up by 3 per cent year-on-year from $2.39 billion in 2018. Its earnings before interest, taxation, depreciation and amortisation rose by 1.1 per cent to $513 million from $507 million in 2018. Throughout the year, the company paid off approximately $570 million of debt.