Investor Presentaiton
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Operations
and performance
Thus, Brazilian economic activity has begun to recover, al-
beit slightly below the expected - except in certain sectors
that already had been on the rise, some even benefiting
from the pandemic scenario. A sector with a higher share in
the GDP was services, which registered new heights once
again, reflecting improvements in the current context and
the reopening of the economy. In spite of bottlenecks in
some supply chains, the industry was able to recover losses
from 2020. In contrast to this movement was agriculture,
which was hampered by climate issues.
The uncertainties brought on by the pandemic and its con-
sequences also influenced the financial market. The inter-
est rate (Selic) closed projections at 9.25%, while the dollar
(Ptax) reached the end of the year at an exchange rate of
R$ 5.58 compared to R$ 5,19 at the end of 20208.
Market
context
8 Fonte: Banco Central do Brasil.
Daviso
Daviso factory - São Paulo (SP)
In the midst of this macroeconomic scenario, Viveo followed up on the execution of its strategy, showing once
again that business resilience and diversification can bring strong results in moments of instability. Throughout
2020 and 2021, among the main effects of the health crisis on the market, there was a significant increase in costs
in the global chain of medicines and hospital materials, resulting, especially, from the following factors:
Expansion of absenteeism in factories, due to
Covid-19;
Increase in the cost of sea freight by about
500%⁹;
9 According to the National Confederation of Industry (CNI).
Exchange rate fluctuations, directly affecting
the costs of finished products and inputs; and
Land freight as the main modality during the
pandemic due to the cancellation of national
flights.
36
viveo
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