Loma Negra Reports 2Q19 Results
Loma Negra Compania Industrial Argentina Sociedad Anonima ADS (LOMA)
US:NYSE Investor Relations:
investors.lomanegra.com
Company Research
Source: Business Wire
BUENOS AIRES, Argentina--(BUSINESS WIRE)--Loma Negra, (NYSE: LOMA) (BYMA: LOMA), (“Loma Negra” or the “Company”), the leading cement producer in Argentina, today announced results for the three-month and six-month period ended June 30, 2019 (our “2Q19”).2Q19 Key Highlights Net revenue decreased 2.2% YoY to Ps.7,470 million (US$165 million)Consolidated Adjusted EBITDA up 7.1% YoY to Ps.1,929 million (US$44 million), principally driven by the Cement, masonry, and lime segment in Argentina, further supported by growth across the main other segments, and partially offset by non-recurrent production-footprint adequacy costs of approximately Ps.188 million (US$4 million).Excluding this non-recurrent charge, Adjusted EBITDA would have been Ps.2,117 million (US$49 million)Consolidated Adjusted EBITDA margin expanded by 225 basis points YoY from 23.6% to 25.8%, excluding non-recurrent production-footprint adequacy costs, Consolidated Adjusted EBITDA would have been 28.3%, expanding 476 bas
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LOMA
Sec Filings
- 11/20/24 - Form 6-K
- 11/14/24 - Form SC
- 11/12/24 - Form 6-K
- LOMA's page on the SEC website