2018 Annual Report


2018 Highlights

Corporate

  • Celebration of 100 years of history
  • Development of innovation projects at the Center of Excellence (CoE)
  • Incorporation of long steel operations in Brazil by ArcelorMittal
  • Business combination of Fibria and Suzano
  • Acquisition of Companhia Energética de São Paulo (Cesp)

Economic and Financial

  • Net revenue of R$31.9 billion, up 19% year-on-year
  • Net income of R$2.0 billion, up 141% year-on-year
  • Adjusted EBITDA of R$6.9 billion, up 47% year-on-year
  • Leverage of 1.91x net debt/adjusted EBITDA

Social and
environmental issues

  • Votorantim Partnership for Education (PVE) expanded to 104 Brazilian cities, over twice as many as in the previous year.
  • Legado das Águas’ project for the genetic mapping of Atlantic Forest plants.
  • Reservas Votorantim started operating the Statutory Nature Reserve Compensation business.
  • Legado Verdes do Cerrado’s Agroforestry project.
  • “Voter's Guide” launch: 184,000 app downloads.

People management

  • Reinforcement of the Internship Program
  • For the first time, the company was included in the Best Workplaces survey conducted by Great Place to Work
  • Vototalks Festival offered 20 online lectures, which together attained nearly 10,000 views

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