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With 103 years of history, Votorantim S.A. (Votorantim) is a Brazilian family-owned company with long term investments. Its portfolio companies operate in 19 countries in the building materials, finance, eletric power, metals and mining, orange juice, aluminum, long steel and real estate industries.
In 2020, the portfolio was strengthened by the creation of Altre, which manages and develops Votorantim’s properties and prospects for investment opportunities in the real estate sector (learn more). 102-1 I 102-2 I 102-4 | 102-5 I 102-6
Votorantim also maintains Reservas Votorantim, a strategic business that has high value creation potential and is responsible for managing the environmental assets of the portfolio and providing conservation services for land and water resources (learn more)
The Center of Excellence (CoE), a hub for creating products and processes focused on data analytics use, innovation and technology, consolidates the operations of the Shared Solutions, Real Estate Solutions and Information Technology centers (learn more)
To manage the social investments of the holding company and the portfolio companies, Votorantim works through the Votorantim Institute, which, in 2020, was responsible for coordinating their initiatives to combat COVID-19.
Votorantim is headquartered in São Paulo, where it has a team of 72 employees. Including Instituto Votorantim, Reservas Votorantim, the CoE and the portfolio companies, it has approximately 34,400 direct and 10,300 indirect employees in 515 operating units. 102-3
In 2020, despite the impact of the pandemic on the global economy, Votorantim recorded consolidated net revenues of R$ 36.7 billion and consolidated adjusted EBITDA of R$ 6.9 billion, which were higher than in 2019. At the end of the year, the consolidated net debt was R$ 11.3 billion, with leverage (net debt/adjusted EBITDA) of 1.63x (learn more). 102-7 | 102-8
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Votorantim’s values are the link between the values of the shareholder family and the business culture of each of the portfolio companies. During 2019 and 2020, these values were revised in a comprehensive process that involved representatives of the holding company and the portfolio companies, shareholders and external consultants, with the goal of better conveying the essence of Votorantim’s culture, identity and DNA.
Integrity, Collaboration and Courage make up V3, the simplest and most updated expression of Votorantim’s values. V3 was unveiled to all employees in a virtual event, complemented by an institutional package that was sent to their homes. The visual identity of V3 is based on the image of a DNA that reflects what all portfolio companies and all people who are part of Votorantim have in common, and establishes a common way of doing business and interacting with society.
The Social DNA guides the social initiatives of the portfolio companies to ensure that they can leave a legacy of value creation to society, in line with the expectations of the shareholders. The DNA includes:
At the right time
The right time means never missing an opportunity. Every day, we remember that today’s decisions impact future results and we must think fast and act in a structured, strategic and assertive manner. We have an innovative mindset; we always look ahead. However, when looking to the future, we must be ready to question what is happening in the present. We must also be ready to respond to changes in the different sectors and countries where we operate.
The right way
For us, there is only one way of doing things: the right way. Our DNA carries a unique way of being and acting. We see our companies, our employees and society through the lenses of ethics and respect. We have significant expertise in investment and the knowledge we need to continuously improve and perform more responsibly.
With the right people
We have a clear commitment: to invest in the best of each one to achieve the best for everyone, because we believe in the strength of people and their potential to thrive. We are continuously moving forward, toward what is new. We positively influence our people through our inspiring leaders.