GCC Reports Third Quarter 2025 Results

Core Insights - GCC, S.A.B. de C.V. reported a 10.1% increase in net sales for Q3 2025, reaching US$438.5 million compared to US$398.2 million in Q3 2024 [3][5] - The company experienced a decline in operating income and EBITDA, with operating income before other expenses decreasing by 6.3% to US$128.8 million and EBITDA down by 2.9% to US$157.4 million [3][5] - Free cash flow increased by 8.9% to US$132.4 million, with a conversion rate of 84.1% [5] Financial Performance - Net sales for the first nine months of 2025 were US$1,048.9 million, a 1.7% increase from US$1,031.4 million in the same period of 2024 [3] - Net income for Q3 2025 was US$100.9 million, down 6.0% from US$107.3 million in Q3 2024, while earnings per share decreased by 6.1% to US$0.3076 [3][5] - The EBITDA margin for Q3 2025 was 35.9%, compared to 40.7% in Q3 2024 [3] Market Performance - U.S. sales grew by 14%, driven by a 52.7% increase in concrete volumes and a 6.4% increase in cement volumes [5] - U.S. concrete prices rose by 11% [5] - Cash and equivalents totaled US$853.7 million, with a net leverage ratio of -0.55x as of September 2025 [5] Strategic Focus - The CEO emphasized the company's commitment to cost control, operational stability, and long-term value creation through investments [4]