Welcome to our dedicated page for Loma Negra Compania news (Ticker: LOMA), a resource for investors and traders seeking the latest updates and insights on Loma Negra Compania stock.
Loma Negra Compania Industrial Argentina S.A. (LOMA) is Argentina's leading vertically integrated cement and building materials producer, serving construction markets through its control of limestone reserves and rail logistics network. This page provides investors with centralized access to official corporate announcements and market-moving developments.
Track critical updates including quarterly earnings, production capacity expansions, and sustainability initiatives that shape LOMA's position in the construction materials sector. Our curated news collection enables efficient monitoring of operational milestones and regulatory compliance matters essential for informed analysis.
Key coverage areas include cement production trends, infrastructure project partnerships, and supply chain innovations across LOMA's integrated operations. Bookmark this page for direct access to primary source materials from Argentina's construction materials leader, without promotional commentary or speculative interpretation.
Loma Negra (NYSE:LOMA) reported its Q4 2024 results, showing mixed performance amid challenging market conditions. Net revenues decreased 19.5% YoY to Ps. 174,173 million (US$ 170 million), primarily due to a 14.1% decline in Cement segment sales volumes.
Despite lower volumes, the company demonstrated operational resilience with Consolidated Adjusted EBITDA reaching Ps. 50,589 million, up 2.4% YoY, and margin expanding 623 basis points to 29.0%. The company reported a Net Profit of Ps. 22,118 million in Q4, compared to a loss of Ps. 43,963 million in the same period last year.
For full-year 2024, net revenues fell 23.9% to Ps. 699,179 million (US$ 628 million), while Consolidated Adjusted EBITDA reached Ps. 180,987 million, decreasing 17.2% YoY. The company's Net Debt decreased to Ps. 162,348 million (US$157 million), with a Net Debt/LTM Adjusted EBITDA ratio improving to 0.89x from 1.40x in FY23.
Loma Negra (NYSE:LOMA) reported Q3 2024 results with net sales of Ps. 180,686 million (US$185 million), down 21.2% YoY, primarily due to a 21% decrease in Cement segment sales volumes. Adjusted EBITDA reached Ps. 43,279 million (US$55 million), declining 18.5% YoY, while margin expanded 78 basis points to 24.0%. Net Profit decreased 8.7% to Ps. 21,153 million. The company reduced its Net Debt to Ps. 171,888 million (US$177 million), representing a Net Debt/LTM Adjusted EBITDA ratio of 1.03x, down from 1.40x in FY23, after reducing indebtedness by US$40 million during the quarter.
Loma Negra, the leading cement producer in Argentina, reported 1Q24 results with net sales revenues of Ps. 114,851 million, a YoY decrease of 27.0%. The Consolidated Adjusted EBITDA reached Ps. 25,961 million, down 37.1% YoY. Net profit increased by 151.0% to Ps. 50,703 million. Despite lower sales volumes affecting all segments, the company aims for a gradual recovery in upcoming quarters.
Loma Negra, the leading cement producer in Argentina, filed its annual report for the fiscal year 2023 on Form 20-F with the SEC. The report and audited financial statements are available on the SEC's and the Company's websites.
Loma Negra, a leading cement producer in Argentina, reported its 4Q22 results with a net revenue increase of 1.1% YoY to Ps. 145,133 million (US$ 835 million). Despite this, consolidated net income plummeted 85.4% YoY to Ps. 1,807 million. Adjusted EBITDA reached Ps. 43,345 million, down 3.8% YoY, though it grew 34.3% in USD terms to US$ 289 million. The EBITDA margin contracted to 29.9%. The company declared a dividend of Ps. 3,500 million (US$ 19.5 million) and repurchased shares worth Ps. 1,263 million. The 4Q22 saw a net profit of Ps. 7,452 million, boosted by the sale of a non-strategic property, while net debt rose to Ps. 15,859 million.
