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Loma Negra pania Industrial Argentina Sociedad Anonima(LOMA) - 2024 Q1 - Quarterly Report
2024-05-09 21:09
Loma Negra Reports 1Q24 results Buenos Aires, May 9, 2024 - 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 March 31, 2024 (our "1Q24 Results"). 1Q24 Key Highlights The Company has presented certain financial figures, Table 1b and Table 11, in U.S. dollars and Pesos without giving effect to IAS 29. The Company has prepared all other financial information herein by applying IAS 29. Commen ...
Loma Negra pania Industrial Argentina Sociedad Anonima(LOMA) - 2023 Q4 - Annual Report
2024-04-29 20:32
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________________ FORM 20-F ______________________________ o REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED December 31, 2023 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR o SHELL COMPANY REPO ...
Loma Negra pania Industrial Argentina Sociedad Anonima(LOMA) - 2023 Q4 - Earnings Call Transcript
2024-03-07 23:00
Loma Negra Compañía Industrial Argentina Sociedad Anónima ADS EACH REPR 5 ORD SHS SPON (USD) (NYSE:LOMA) Q4 2023 Earnings Call Transcript March 7, 2024 10:00 AM ET Company Participants Diego Jalon - Head of IR Sergio Faifman - CEO and VP of Board of Directors Marcos Gradin - CFO Conference Call Participants Daniel Rojas - Bank of America Jorge Vinas - Latin Securities Diego Jalon Thank you. Good morning and welcome to the Loma Negra's Earnings Conference Call. By now, everyone should have access to our earn ...
Loma Negra pania Industrial Argentina Sociedad Anonima(LOMA) - 2023 Q4 - Annual Report
2024-03-06 21:43
Loma Negra Reports 4Q23 results Buenos Aires, March 6, 2024 - 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 December 31, 2023 (our "4Q23. Results"). FY23 Key Highlights 4Q23 Key Highlights The Company has presented certain financial figures, Table 1b and Table 11, in U.S. dollars and Pesos without giving effect to IAS 29. The Company has prepared all other financial information herein ...
Loma Negra pania Industrial Argentina Sociedad Anonima(LOMA) - 2023 Q3 - Quarterly Report
2023-11-13 19:34
Disclaimer and Forward-Looking Statement this presentation may contain forward-looking statements within the meaning of federal securities law that are subject to risks and uncertainties. Th based upon our current expectations and projections about possible or assumed future results of our business, financial condition, results of operation. some cases, you can identify forward-looking statements by terminology such as "believe," "may," "estimate," "continue," "intend," "potential," "seek," "forecast," or t ...
Loma Negra pania Industrial Argentina Sociedad Anonima(LOMA) - 2023 Q3 - Earnings Call Transcript
2023-11-09 20:25
Loma Negra Compania Industrial Argentina Sociedad Anonima (NYSE:LOMA) Q3 2023 Earnings Call Transcript November 9, 2023 10:00 AM ET Company Participants Diego Jalon - Head of IR Sergio Faifman - CEO and VP of Board of Directors Marcos Gradin - CFO Conference Call Participants Alejandra Obregon - Alejandra Obregon Rodrigo Nistor - Latin Securities Daniel Rojas - Bank of America Operator Good morning, and welcome to the Loma Negra Third Quarter 2023 Conference Call and Webcast. All participants will be in lis ...
Loma Negra pania Industrial Argentina Sociedad Anonima(LOMA) - 2023 Q2 - Quarterly Report
2023-08-15 19:02
2Q23-Results Conference Call una empri Disclaimer and Forward-Looking Statement This presentation may contain forward-looking statements within the meaning of federal securities law that are subject to risks and uncertainties. Th based upon our current expectations and projections about possible or assumed future results of our business, financial condition, results of operation. some cases, you can identify forward-looking statements by terminology such as "believe," "may," "estimate," "continue," "intend, ...
Loma Negra pania Industrial Argentina Sociedad Anonima(LOMA) - 2023 Q2 - Earnings Call Presentation
2023-08-10 19:40
Railroad: decreased 13.4% YoY. Volumes down 9.6%, with price negatively affected by product mix Aggregates: increased 1.8% YoY. Volume down 8.3% compensated with positive pricing performance 42% 30% 39% 42% 43% 45% 58% 70% 61% 58% 57% 55% 2019 2020 2021 2022 2Q22 2Q23 -7 Jun'22Ago'22Jan'23 Nov'22 Jul'22 Dic'22Feb'23Mar'23Jun'23Jul'24 Apr'23 May'23 CEMENT VOLUMES CONTRACTION BUT STILL REMAIN STRONG 1 This presentation may contain forward-looking statements within the meaning of federal securities law that ar ...
Loma Negra pania Industrial Argentina Sociedad Anonima(LOMA) - 2023 Q2 - Earnings Call Transcript
2023-08-10 16:56
Financial Data and Key Metrics Changes - Total net financial costs increased to ARS3 billion in Q2 2023 from ARS0.7 billion in the same quarter last year, primarily due to higher debt and negative exchange rate effects [3] - Adjusted EBITDA for Q2 2023 was $63 million, flat compared to Q2 2022, while in pesos it decreased by 26.1% to ARS11.7 billion, with a consolidated EBITDA margin of 22.9%, contracting 608 basis points year-on-year [15][38] - Net profit attributable to owners was ARS2.5 billion, down from ARS5.4 billion in Q2 2022, reflecting lower operational results and higher financial costs [39] Business Line Data and Key Metrics Changes - Cement segment saw a decrease in sales volume of 12.4% year-on-year, with a margin contraction of 536 basis points to 27.1% [20][65] - Concrete revenues increased by 26.6% in the quarter, with volumes up 14.8%, driven by strong demand from private construction and public works [50] - Railroad revenues decreased by 13.4% year-on-year, with adjusted EBITDA down to ARS42 million, reflecting lower transported volumes [8][52] Market Data and Key Metrics Changes - Cement national industry sales showed resilience, with a cumulative record for the first half of 2023 despite a 1.9% decrease in Q2 [2] - Bulk cement dispatch mode gained market share, reaching 45% compared to 43% in Q2 2022, indicating a shift in demand dynamics [35] - The overall economic activity level is expected to remain below 2022 figures, but still robust in historical terms [19][57] Company Strategy and Development Direction - The company aims to maintain strong performance despite political uncertainty and economic challenges, positioning itself for a potentially strong second half of 2023 [25] - The strategy includes implementing price adjustments to maintain margins amid high inflation, with expectations of better margins in the upcoming quarters [46][57] - Continued focus on the Concrete business is anticipated, with expectations for growth to persist into the second half of the year [60] Management Comments on Operating Environment and Future Outlook - Management noted that the macroeconomic struggles and political uncertainty are affecting economic activity, but the cement industry remains resilient [14] - For the second half of the year, volumes are expected to be slightly below 2022 figures, but the company remains optimistic about maintaining a strong performance [19][57] - The company is not expecting significant competitive changes in the market, despite ongoing inflationary pressures [57] Other Important Information - The company announced two dividend payments totaling approximately $120 million, maintaining a strong balance sheet with a low net debt ratio of 0.82 times [16] - Capital expenditures for the quarter were ARS3.1 billion, primarily for maintenance [53] - The company issued a Class 2 domestic bond for a total amount of $71.7 million, reflecting positive market response and investor confidence [40] Q&A Session Summary Question: What are the expectations for natural gas prices and their impact on margins? - Management expects natural gas prices to be lower than last year, with new contracts starting in September and October at reduced rates [59] Question: What are the perceptions for demand in the second half of the year, especially regarding bulk and bagged sales? - Management anticipates continued growth in the Concrete business, with expectations for demand to remain strong [60] Question: How will pricing and cost pressures be managed in light of ongoing inflation? - The company plans to implement price adjustments to maintain margins, despite potential temporary impacts from inflation [57]
Loma Negra pania Industrial Argentina Sociedad Anonima(LOMA) - 2023 Q1 - Earnings Call Transcript
2023-05-08 17:34
Alberto Valerio - UBS Daniel Rojas - Bank of America Rodrigo Nistor - Latin Securities Company Participants Loma Negra CompañÃa Industrial Argentina Sociedad Anónima (NYSE:LOMA) Q1 2023 Results Conference Call May 8, 2023 10:00 AM ET Good morning. And welcome to the Loma Negra First Quarter 2023 Conference Call and Webcast. All participants will be in listen-only mode [Operator Instructions]. After today's presentation, there will be an opportunity to ask questions. Also, Mr. Sergio Faifman will be respondi ...