Votorantim - November 2017

Votorantim generated a turnover 1.3 per cent ahead at BRL26,411m (EUR6642m), but EBITDA declined by 4.4 per cent to BRL4124m (EUR1068m) while the net loss was 7.8 per cent higher at BRL1348m (EUR349m). Group capital expenditure was 5.3 per cent lower at BRL2871m (EUR744m).