Cementos Pacasmayo S.A.A. Announces Consolidated Results for Third Quarter 2024
Cementos Pacasmayo reported strong financial results for Q3 2024, with consolidated EBITDA reaching S/154.6 million, up 19.9% year-over-year, driven by operational efficiencies from their new kiln and favorable raw material costs. The EBITDA margin improved by 5.0 percentage points to 29.9%. While revenues showed a modest 0.2% increase due to improved sales mix from concrete and precast sales, overall sales volume decreased 4.4%. Net income grew 35.9% to S/ 62.5 million. For the nine-month period, the company achieved a consolidated EBITDA of S/ 406.7 million, up 12.3%, with revenues increasing 0.9% despite a 5.8% decline in sales volume.
Cementos Pacasmayo ha riportato risultati finanziari solidi per il terzo trimestre del 2024, con un EBITDA consolidato che ha raggiunto S/154,6 milioni, in aumento del 19,9% rispetto all'anno precedente, grazie a efficienze operative derivate dal nuovo forno e ai costi favorevoli delle materie prime. Il margine EBITDA è migliorato di 5,0 punti percentuali, arrivando al 29,9%. Sebbene i ricavi abbiano mostrato un modesto incremento dello 0,2% grazie a un mix di vendite migliorato da vendite di calcestruzzo e prefabbricati, il volume totale delle vendite è diminuito del 4,4%. Il reddito netto è cresciuto del 35,9% raggiungendo S/62,5 milioni. Per il periodo di nove mesi, l'azienda ha registrato un EBITDA consolidato di S/406,7 milioni, in aumento del 12,3%, con ricavi in aumento dello 0,9% nonostante una diminuzione del 5,8% nel volume delle vendite.
Cementos Pacasmayo reportó resultados financieros sólidos para el tercer trimestre de 2024, con un EBITDA consolidado que alcanzó S/154,6 millones, un aumento del 19,9% interanual, impulsado por eficiencias operativas de su nuevo horno y costos favorables de materias primas. El margen EBITDA mejoró en 5,0 puntos porcentuales, alcanzando el 29,9%. Si bien los ingresos mostraron un modesto incremento del 0,2% gracias a una mejor mezcla de ventas de concreto y prefabricados, el volumen total de ventas disminuyó un 4,4%. El ingreso neto creció un 35,9% alcanzando S/62,5 millones. Durante el periodo de nueve meses, la compañía logró un EBITDA consolidado de S/406,7 millones, un aumento del 12,3%, con ingresos en aumento del 0,9% a pesar de una caída del 5,8% en el volumen de ventas.
세멘토스 파카스마요는 2024년 3분기에 대한 강력한 재무 결과를 보고했으며, EBITDA는 S/154.6백만에 달해 전년 대비 19.9% 증가했습니다. 이는 새로운 소성로에서의 운영 효율성과 유리한 원자재 비용에 기인합니다. EBITDA 마진은 5.0%포인트 개선되어 29.9%에 이르렀습니다. 반면 매출은 콘크리트 및 프리캐스트 판매의 개선된 판매 믹스 덕분에 0.2% 증가했지만, 전체 판매량은 4.4% 감소했습니다. 순이익은 35.9% 증가하여 S/62.5백만에 도달했습니다. 9개월 동안 회사는 S/406.7백만의 통합 EBITDA를 달성하여 12.3% 증가했으며, 매출은 판매량 5.8% 감소에도 불구하고 0.9% 증가했습니다.
Cementos Pacasmayo a reporté de solides résultats financiers pour le troisième trimestre 2024, avec un EBITDA consolidé atteignant S/154,6 millions, en hausse de 19,9% d'une année sur l'autre, soutenu par des gains d'efficacité opérationnelle grâce à leur nouveau four et des coûts de matières premières favorables. La marge EBITDA a augmenté de 5,0 points de pourcentage pour atteindre 29,9%. Bien que les revenus aient montré une augmentation modeste de 0,2% grâce à une meilleure répartition des ventes de béton et de préfabriqués, le volume total des ventes a diminué de 4,4%. Le revenu net a augmenté de 35,9% pour atteindre S/62,5 millions. Sur la période de neuf mois, l'entreprise a réalisé un EBITDA consolidé de S/406,7 millions, en hausse de 12,3%, avec des revenus en augmentation de 0,9% malgré une baisse de 5,8% du volume des ventes.
Cementos Pacasmayo hat für das dritte Quartal 2024 starke finanzielle Ergebnisse gemeldet, mit einem konsolidierten EBITDA von S/154,6 Millionen, was einem Anstieg von 19,9% im Jahresvergleich entspricht. Dies wurde durch betriebliche Effizienzgewinne aus ihrem neuen Ofen und günstige Rohstoffkosten ermöglicht. Die EBITDA-Marge verbesserte sich um 5,0 Prozentpunkte auf 29,9%. Obwohl die Einnahmen durch ein verbessertes Verkaufs-Mix bei Beton und Fertigteilen um bescheidene 0,2% zulegten, verringerte sich das Gesamtverkaufsvolumen um 4,4%. Der Nettogewinn stieg um 35,9% auf S/62,5 Millionen. Im Zeitraum von neun Monaten erzielte das Unternehmen ein konsolidiertes EBITDA von S/406,7 Millionen, was einem Anstieg von 12,3% entspricht, während die Einnahmen um 0,9% stiegen, trotz eines Rückgangs des Verkaufsvolumens um 5,8%.
- EBITDA increased 19.9% to S/154.6 million in Q3 2024
- EBITDA margin improved by 5.0 percentage points to 29.9%
- Net income grew 35.9% to S/ 62.5 million
- Quarter-over-quarter sales volume increased 16.2%
- Operational efficiencies achieved from new kiln implementation
- Sales volume of cement, concrete and precast decreased 4.4% in Q3
- Nine-month sales volume declined 5.8%
- Bagged cement demand showed decrease
Insights
The Q3 2024 results show solid operational improvements despite challenging market conditions. Consolidated EBITDA increased by
While cement sales volume declined
The YTD performance remains resilient with EBITDA up
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 of public sector investment. -
Sales volume of cement, concrete and precast decreased
4.4% , mainly due to a decrease in bagged cement demand. However, sales volume increased16.2% quarter-over-quarter, demonstrating a positive trend. -
Net income of S/ 62.5 million, a
35.9% increase mainly due to the above-mentioned reasons. - MERCO - for nine consecutive years we continue to lead the cement sector and for the second year, we are part of the Top 10 list of Merco´s business and leadership ranking.
9M24 FINANCIAL AND OPERATIONAL HIGHLIGHTS:
(All comparisons are to 9M23, unless otherwise stated)
-
Consolidated EBITDA of S/ 406.7 million, a
12.3% increase, mainly due to the operational efficiency derived from our new kiln in Pacasmayo and more favorable costs of raw materials. -
Consolidated EBITDA margin of
28.0% , a 2.8 percentage point increase, mainly due to above-mentioned operational efficiencies. -
Revenues increased
0.9% , mainly due to sales mix as mentioned above. -
Sales volume of cement, concrete and precast decreased
5.8% , mainly due to the decrease in cement demand mentioned above. -
Net income of S/ 148.8 million, a
11.9% increase.
For a full version of Cementos Pacasmayo’s Third Quarter 2024 Earnings Release, please visit https://www.cementospacasmayo.com.pe/inversionistas/reportes
CONFERENCE CALL INFORMATION:
Cementos Pacasmayo will host a conference call on Tuesday, October 29, 2024, to discuss these results at 11:00 a.m. Lima Time and 12:00 p.m. Eastern Time.
To access the call, please dial:
+1 (718) 866-4614 from within the
Access code: 505256
There will also be a live Audio Webcast of the event at:
https://mm.closir.com/slides?id=505256
You can also find additional dial-in numbers depending on your current location in the above link.
About Cementos Pacasmayo S.A.A.
Cementos Pacasmayo S.A.A. is a cement company, located in the Northern region of
View source version on businesswire.com: https://www.businesswire.com/news/home/20241028138068/en/
Cementos Pacasmayo S.A.A.
In
Manuel Ferreyros, CFO
Claudia Bustamante
Investor Relations Manager
+51-958699760
cbustamante@cpsaa.com.pe
Source: Cementos Pacasmayo S.A.A.
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