The outlook for Brazil’s Votorantim Cimentos has been downgraded from positive to negative by Moody’s Investors Service. However, the Ba1 rating for the company has been affirmed.
The credit ratings agency has also downgraded the outlook for Votorantim Cimentos’ subsidiary St Marys Cement to negative from positive.

Power Cement reports positive 3Q and 9MFY24-25 results
Pakistan-based Power Cement Ltd posted PKR7.182bn (US$52.5m) in revenue for the quarter ended ...