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Stock impact report

Cementos Pacasmayo S.A.A. Announces Consolidated Results for Third Quarter 2024

Cementos Pacasmayo S.A.A. American Depositary Shares (Each representing five Common Shares) (CPAC) 
US:NYSE Investor Relations: investors.cementospacasmayo.com.pe
Company Research Source: Business Wire
LIMA, Peru--(BUSINESS WIRE)--Cementos Pacasmayo S.A.A. and subsidiaries (NYSE: CPAC; BVL: CPACASC1) (“the Company” or “Pacasmayo”) a leading cement company serving the Peruvian construction industry, announced today its consolidated results for the third quarter (“3Q24”) and the nine months of the year (“9M24”). These results have been prepared in accordance with International Financial Reporting Standards (“IFRS”) and are stated in Peruvian Soles (S/).3Q24 FINANCIAL AND OPERATIONAL HIGHLIGHTS:(All comparisons are to 3Q23, unless otherwise stated)Consolidated EBITDA of S/154.6 million, a 19.9% increase, mainly due to operational efficiencies related to our new kiln and more favorable raw material costs.Consolidated EBITDA margin of 29.9%, a 5.0 percentage point increase, mainly due to the above-mentioned operational efficiencies.Revenues increased 0.2%, mainly due to sales mix, as concrete and precast sales increased because of sales for the Piura airport project and the recovery Show less Read more
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