Vittia Annual Report 2022 slide image

Vittia Annual Report 2022

VITTIA Below is our 2022 Annual Report, the eighth report of its kind, which we publish annually. The intention is not only to reinforce our principles and assumptions as a business organization and to demonstrate our management, performance and relationship strategies, our initiatives and results, rendering accounts to the market and society in general, but also, essentially, to indicate that we continue in our evolutionary process in favor of sustainable development and a balanced and responsible performance. Context In 2022, we had a challenging year for business activity, both in Brazil and on the world stage. In this context, elements such as persistent inflation, rising interest rates, rising costs and a slowdown in the activity level in markets such as the European Union, the USA and China (which projects lower growth in the world economy in 2023) as well as the Brazilian, a scenario aggravated by the extension of the War in Ukraine, with its resulting impacts, and by the problems arising from a world still seeking solutions to the consequences of the Covid-19 pandemic. In addition to the political, economic and health challenges, there were adverse weather events in several regions, in Brazil and abroad, which had an effect on economic activities and socio- environmental stability. In Brazil, we had periods of excessively heavy rain, frost, and severe drought the Pampa, for example, recorded in 2022 the smallest water surface area of its entire historical series. However, even in this context and thanks to the assertiveness of our management and our operational efficiency, we achieved positive results in the year and continue on our journey of providing quality inputs for agribusiness. To this end, the Company's strategic focus on biotechnology solutions was fundamental, as a result of continuous investment in research, development, and innovation. In 2022, we complete 51 years in the Brazilian market, consolidating a consistent trajectory. Within the scope of sustainable development, Vittia is a protagonist, advancing in its guidelines and practices of integrated management and sustainability. The emphasis on biotechnology, with the success of the lines of biological control, organominerals and biostimulants, is proof of that. Additionally, the evolution in governance, the growing concern with environmental management and advances in social responsibility are noticeable. We are committed to good management, continuity and expansion of operations and businesses and sustainability in our day-to-day activities, seeking to generate value in our initiatives and practices. Our main motivation is to deliver excellence in products and services to the farmer, contributing to an excellent and sustainable agriculture, with the use of adequate inputs, which works in favor of food security in Brazil and in the world. Annual Report 2022 03
View entire presentation