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From CCR to Motiva
The CCR Group will adopt a new brand, changing its name to Motiva starting on April 24. The new name and visual identity reflect the company’s evolution over 25 years, from its beginnings as a highway concessionaire to becoming one of the main infrastructure players in Latin America, with operations in highways, airports, trains, and subways. The change will begin at the end of April in the company’s main offices, and in May, the company will have a new ticker on the B3. In the following months, the rebranding will progressively extend to the concessionaires.
More results from the portfolio
Votorantim Cimentos closed 2024 with a consecutive record of annual operational results and margin growth. The global net revenue was R$ 26.6 billion, and the total cement sales volume reached 35.4 million tons. The adjusted EBITDA was R$ 6.5 billion, a record for the second consecutive year. Hypera closed the year with a 9.3% higher sell-out than the previous year, mainly due to a 25.5% increase in sales to the institutional market and investments in leading brands in the pharmaceutical retail sector. Another milestone was the company’s highest ever operational cash flow.
Carbon Market
In preparation for COP30, Amcham brought together leaders from the public and private sectors to discuss the global climate agenda at the COP30 Business Forum. David Canassa, CEO of Reservas, participated in the panel “Sustainability and the Resilience of Agribusiness.” “The law states that part of the credits to be traded in the regulated carbon market will come from the voluntary market. We need to structure a robust voluntary market, suitable for Brazil’s scenario, so that we can integrate the regulated market into the country,” said David.