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Loma Negra Cia Industria says its cement sales dropped 6.3% last quarter, with revenue down 3.2%.

ResultsRead the original at Benzinga
Neutral

Loma Negra’s cement volume, revenue, and adjusted EBITDA fell, but EBITDA per ton rose and net debt declined. The weaker demand and improved cash generation point in different directions, so this quarter does not clearly change its outlook.

LOMA · Loma Negra Cia Industria

AI read · Neutral

The AI's read

Lower sales and profit point to weaker demand. But cement margin improved, EBITDA per ton rose, and net debt fell from the previous quarter. The company also issued a bond to refinance upcoming debt. These facts point in different directions, so the report does not clearly change Loma Negra’s outlook.

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