Loma Negra C.I.A.S.A. (LOMA) Reports Q2

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Go back to Loma Negra C.I.A.S.A. (LOMA) Reports Q2

Loma Negra Reports 2Q23

August 9, 2023 5:43 PM EDT

BUENOS AIRES, ARGENTINA / ACCESSWIRE / August 9, 2023 / Loma Negra, (NYSE: LOMA)(BYMA: LOMA), ("Loma Negra" or the "Company"), the leading cement producer in Argentina, today announced results for the three-month period ended June 30, 2023 (our "2Q23 Results").

2Q23 Key Highlights

Net sales revenues decreased by 6.5% YoY to Ps. 50,911 million (US$ 206 million), mainly explained by a top line decrease of the Cement and Railroad segments, partially compensated by the good performance of Concrete and Aggregates.Consolidated Adjusted EBITDA reached Ps. 11,670 million, decreasing 26.1% YoY in adjusted... More