VLI Achieved Record Financial Results in 2024
Apr, 01, 2025 Posted by Denise VileraWeek 202513
VLI maintained its growth trajectory in financial indicators and business strengthening throughout 2024. By the end of the year, the company reached a record EBITDA of BRL 5.0 billion, a 9% increase compared to 2023. Additionally, VLI reported BRL 9.8 billion in net revenue (+8%) and BRL 1.34 billion in recurring net profit. Despite a challenging environment, the company invested BRL 3.5 billion, ensuring efficiency and safety in its multimodal operations across ten Brazilian states.
“The positive performance in a complex scenario like 2024 demonstrates VLI’s maturity and the robustness of our processes. We achieved a significant result through structured planning, productivity, and resource optimization, proving that we are on the right path. Our progress is even more relevant as it was achieved. At the same time, strengthening relationships with our customers, employees, suppliers, and communities enables the planning and execution of future investments to expand available capacity and enhance safety systems,” stated Fábio Marchiori, CEO of VLI.
2024 was particularly challenging for Brazilian agribusiness due to falling international commodity prices and unfavorable weather conditions that impacted the country’s grain harvest. Nevertheless, VLI managed to advance sugar transportation on the Centro-Atlântica Railway (FCA), reaching a record 6.1 million tons in the latest harvest. The company also expanded its routes, including exporting Corn Meal (DDG) via the FCA East Corridor, connecting the Triângulo Mineiro region to the Espírito Santo port system.
Among the 2024 highlights was the continued improvement in customer perception of VLI’s service quality, as measured by the Net Promoter Score (NPS) indicator. This reflects recognition of the company’s efforts to co-create integrated solutions and deliver agreed service levels.
Additionally, VLI climbed 17 positions in the Great Place to Work ranking for Large Companies (1,000 to 10,000 employees). Over the past two years, the company has advanced 75 positions in the GPTW ranking, reinforcing the success of its people management policies. Also in 2024, VLI published its 4th Sustainability Report, which was aligned with the Global Reporting Initiative and the Sustainable Accounting Standards Board (SASB) guidelines. The report underscores the company’s commitment to Ethics, Governance, and Social Responsibility, providing transparency on VLI’s operational performance and social impact.
-
Shipping
Jul, 29, 2021
0
MSC to surpass Maersk as the world’s largest container line
-
Ports and Terminals
Jun, 03, 2024
0
Brazil Ports Minister announces 2024 first port auctions
-
Ports and Terminals
Feb, 11, 2026
0
Santos mega container terminal auction likely in May, minister says
-
Ports and Terminals
Feb, 07, 2023
0
China dominates the exports of 19 states and concentration causes worry