Votorantim
The Votorantim Industrial group increased its turnover by 6.3% to BRL5738m (€2293m), but the pre-tax profit fell by 58.7% to BRL339m and capital expenditure amounted to approximately BRL760m. Votorantim Cementos represented some 57% of the group EBITDA and 52% of capital expenditure in the quarter. Cement production rose by 8.3% to 6.33Mt, of which 0.52Mt, or 8.2%, was in Canada and the United States.
