VLI has record high net revenue in 2022

VLI finished 2022 with the highest net revenue in its history. The amount of BRL 7.65 billion, an 18% increase over 2021, was accompanied by the record mark of BRL 3.36 billion in recurring Ebitda (earnings before interest, taxes, depreciation, and amortization), a 13.4% increase over the previous year’s total. It was the first time the company surpassed the BRL 3 billion mark in this indicator for 12 consecutive months.

Those financial figures were achieved due to the company’s presence in the market of a diverse mix of cargo, moving 60 million tonnes via railroads and 41 million at port terminals. Also, these results reflect the consolidation of the management model adopted, which searches for operational stability and productivity. An example would be the energy efficiency program, partially neutralized by the increase in the cost of fuel and other inputs and services.

Investments in the company’s assets reached R$ 1.9 billion in 2022. The funds were allocated to projects to increase transport capacity and port elevation, extend the service life and increase the efficiency of operating assets, as well as projects aimed at preserving the environment and the health and safety of the company’s employees.

Among the highlights of the year for VLI is the start of transport operations of dissolving pulp for LD Celulose via the Centro-Atlântica Railway (FCA) from the client’s factory in Minas Gerais to the port system of Espirito Santo. VLI invested approximately R$ 400 million in wagons and locomotives for this operation.

In addition, the company started operations at the Porto Franco Integrator Terminal, in Maranhão, with an annual throughput capacity of 600,000 tonnes. This road-railway integration unit, which can receive cargo transported by trucks for storage and later transfer it to trains that go to the port of São Luís, fortifies the company’s multimodal presence.

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