Financial Data and Key Metrics Changes - For Q4 2025, sales volumes increased by 8.2% compared to the same period last year, and for the full year 2025, there was a 7.2% increase relative to 2024 [8] - EBITDA for Q4 2025 reached PEN 158.7 million, an 11.4% increase year-over-year, while full year EBITDA was PEN 584.2 million, marking a 6.4% year-over-year increase when excluding one-off expenses [9][10] - Consolidated net income for Q4 2025 was negative due to transactional expenses, but excluding these, net income would have been PEN 59.8 million, a 19.6% increase over the same period last year [26] Business Line Data and Key Metrics Changes - Cement sales in Q4 2025 increased by 13.6%, driven by strong demand in the self-construction sector, while for the full year, cement sales rose by 8.7% compared to 2024 [19][20] - Sales of concrete, pavement, and mortar decreased by 25.1% year-over-year in Q4 2025, primarily due to lower sales volume from the halted Motupe Riverbank Defense Project, but increased by 6.3% for the full year [21][23] - Precast materials sales decreased by 16% in Q4 2025 but increased by 3% for the full year, driven by higher demand from the public sector [25] Market Data and Key Metrics Changes - The growth in sales volumes was attributed to stronger demand for infrastructure projects and consistent performance in the self-construction segment [8] - The agro-industrial and fishing sectors, key income drivers in the north, contributed to the elevated demand for cement [20] Company Strategy and Development Direction - The acquisition agreement with Holcim for a controlling stake in Cementos Pacasmayo is seen as a strong endorsement of the company's long-term strategy and operational excellence [5][6] - The company aims to promote sustainable development and create new opportunities while contributing to the growth of Peru and the wider region [7] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in maintaining EBITDA margins at current levels, with potential improvements due to energy-saving projects planned for the second half of the year [36] - The company anticipates a stronger year in 2026 in terms of volumes and competitive pricing, which should support revenue growth and stable EBITDA margins [38] Other Important Information - The company achieved three-star recognition from Peru's Minister of Environment for reducing greenhouse gas emissions, reflecting its commitment to sustainability [11] - Cementos Pacasmayo has been recognized as the industry leader in the Merco ESG Sustainability Ranking for ten consecutive years, highlighting its focus on sustainability [12][13] Q&A Session Summary Question: Details about the transaction with Holcim and pending steps - The transaction involves Holcim acquiring Inversiones ASPI, which controls 60.01% of Pacasmayo, pending regulatory approval from Indecopi, which is expected to be approved soon [29] Question: Why acquisition-related expenses are high - Most expenses are related to long-standing change of control issues, with part of the costs to be assumed by Hochschild, and the board deemed these expenses reasonable given the share price [30][32] Question: Recognition of PEN 77 million in expenses related to the Holcim transaction - The decision to incur these costs was based on contractual obligations and was approved by the board, with no anticipated impediments from regulatory authorities [32] Question: Expectations for project-related disruptions and margin pressures - Management believes EBITDA margins should remain stable or improve slightly, with expectations for increased spending from authorities later in the year [36] Question: Guidance on revenue growth and EBITDA margins for 2026 - Management is optimistic about volume growth and stable EBITDA margins, with expectations for efficiencies to enhance margins in the second half of the year [38]

Financial Data and Key Metrics Changes - For Q4 2025, sales volumes increased by 8.2% year-over-year, while full-year sales grew by 7.2% compared to 2024, driven by demand for infrastructure projects and self-construction [5][10] - EBITDA for Q4 2025 reached PEN 158.7 million, an 11.4% increase year-over-year, while full-year EBITDA was PEN 584.2 million, marking a 6.4% increase when excluding one-off expenses [5][6][10] - Consolidated net income for Q4 2025 was negative due to transactional expenses, but would have been PEN 59.8 million, a 19.6% increase year-over-year if excluding these expenses [15][16] Business Line Data and Key Metrics Changes - Cement sales in Q4 2025 increased by 13.6%, primarily due to strong demand in the self-construction sector, while full-year cement sales rose by 8.7% compared to 2024 [12][14] - Sales of concrete, pavement, and mortar decreased by 25.1% year-over-year in Q4 2025, attributed to the Motupe Riverbank Defense Project being on standby, but full-year sales increased by 6.3% [13][14] - Precast materials sales decreased by 16% in Q4 2025, but full-year sales increased by 3%, driven by public sector demand [15] Market Data and Key Metrics Changes - The company achieved three-star recognition from Peru's Minister of Environment for reducing greenhouse gas emissions, reflecting its commitment to sustainability [7][8] - The company maintained a top-tier position in the Merco ESG Sustainability Ranking, being recognized as the industry leader for ten consecutive years [8] Company Strategy and Development Direction - The acquisition agreement with Holcim for a controlling stake in Cementos Pacasmayo is seen as a strong endorsement of the company's long-term strategy and operational excellence [3][4] - The company aims to promote sustainable development and create new opportunities in collaboration with Holcim [4] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in maintaining EBITDA margins and expects improvements due to energy-saving projects in the second half of the year [25][26] - The company anticipates a positive outlook for revenue growth and EBITDA margins in 2026, driven by strong volume growth and competitive pricing [26] Other Important Information - Administrative expenses increased by 5.7% in Q1 2025 and by 50% for the full year, mainly due to higher personnel costs from collective bargaining [11] - Selling expenses decreased by 8.3% in Q4 2025 but increased by 40% for the full year due to higher advertising and promotional expenses [12] Q&A Session Summary Question: Details about the transaction with Holcim and regulatory approvals - Management confirmed that the transaction is pending INDECOPI approval and is expected to be approved smoothly [18] Question: Why acquisition-related expenses are high - Most expenses are related to long-standing change of control issues, with part assumed by Holcim, and were approved by the board [19] Question: Recognition of PEN 77 million in expenses related to the Holcim transaction - Management explained that these costs are due to contractual obligations from previous agreements and are considered reasonable given the share price [20][21] Question: Expectations for project-related disruptions and margin pressures - Management believes EBITDA margins will remain stable or improve, with expectations of increased spending from authorities later in the year [25] Question: Guidance on revenue growth and EBITDA margins for 2026 - Management is optimistic about volume growth and stable EBITDA margins, with potential increases due to operational efficiencies [26]

Financial Data and Key Metrics Changes - For Q4 2025, revenues increased by 6.2% year-over-year, reaching PEN 559.5 million, driven by higher sales of pack cement and increased sales for infrastructure projects [10] - EBITDA for Q4 2025 reached PEN 158.7 million, an 11.4% increase compared to the same period last year, excluding one-off expenses related to the share purchase agreement with Holcim [6][10] - Full year 2025 EBITDA was PEN 584.2 million, marking a 6.4% year-over-year increase when excluding one-off expenses [7][17] - Net income for Q4 2025, excluding one-off expenses, would have been PEN 59.8 million, a 19.6% increase over the same period last year [16][17] Business Line Data and Key Metrics Changes - Cement sales in Q4 2025 increased by 13.6%, primarily due to robust demand in the self-construction sector, while full year cement sales increased by 8.7% compared to 2024 [12][14] - Sales of concrete, pavement, and mortar decreased by 25.1% year-over-year in Q4 2025, mainly due to lower sales volume from the halted Motupe Riverbank Defense Project [13][14] - Precast materials sales decreased by 16% in Q4 2025 but increased by 3% for the full year, driven by higher demand from the public sector [16] Market Data and Key Metrics Changes - The company experienced strong momentum in sales volumes, with an 8.2% increase in Q4 2025 compared to the same period last year, and a 7.2% increase for the full year 2025 relative to 2024 [6] - The growth was attributed to stronger demand for infrastructure projects and consistent performance in the self-construction segment [6] Company Strategy and Development Direction - The acquisition agreement with Holcim for a controlling stake in Cementos Pacasmayo is seen as a strong endorsement of the company's long-term strategy and operational excellence [4][5] - The company aims to promote sustainable development and contribute to the growth of Peru and the wider region [5] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the momentum built and the positive outlook for future performance, emphasizing operational excellence and profitability [9] - The company anticipates that EBITDA margins will remain stable or increase slightly due to energy-saving projects planned for the second half of the year [26][27] Other Important Information - The company achieved three-star recognition from Peru's Minister of Environment for reducing greenhouse gas emissions, reinforcing its commitment to sustainability [7][8] - The company maintains a top-tier position in the Merco ESG Sustainability Ranking, recognized as the industry leader for ten consecutive years [8] Q&A Session Summary Question: Details about the transaction with Holcim and regulatory approvals - Management confirmed that the transaction is pending Indecopi approval and is expected to be approved in the coming months, with no anticipated impediments [19] Question: Acquisition-related expenses and their justification - Management explained that most transaction expenses are related to long-standing change of control issues, with part of the expenses to be assumed by Holcim [20][21] Question: Future project-related disruptions and margin pressures - Management indicated that while each project has unique circumstances, they expect EBITDA margins to remain stable or improve due to upcoming energy-saving projects [26] Question: Guidance on revenue growth and EBITDA margins for 2026 - Management expressed optimism about volume growth and stable EBITDA margins for 2026, citing competitive pricing and operational efficiencies [27]

4Q25 Corporate Presentation MACRO OVERVIEW 1. About us We are a leading Peruvian cement company, with over 67 years of operating history As of Dec-25 LTM, Pacasmayo's cement shipments reached 3.0 million MT Listed on the Lima Stock Exchange (BVL: CPACASC1-PE) since 1995 and on the New York Stock Exchange (NYSE: CPAC) since 2012 Quarterly Highlights S/ 2,116.9 7.0% Compared to LTM Dec 31 2024 SALES VOLUME SALES OF GOODS million EBITDA 3,049.2 MT 7.2% Compared to LTM Dec 31 2024 CEMENT, CONCRETE AND PRECAST S ...

Core Viewpoint - Cementos Pacasmayo S.A.A. announced its consolidated financial results for the fourth quarter and the year ended December 31, 2025, highlighting its performance in the Peruvian construction industry [1]. Financial Highlights - The results are prepared in accordance with International Financial Reporting Standards (IFRS) and are stated in Soles (S/) [1]. - Specific financial metrics for 4Q25 and the year 2025 were not detailed in the provided text, but the announcement indicates a focus on operational performance within the cement sector [1].

'Positive signals from the trade deal, coupled with the return of FIIs, fuelled a risk-on sentiment in the market.'Photograph: Danish Siddiqui/ReutersKey PointsBoI, Titan, UltraTech Cement, Tata Steel, Eternal, BHEL, Kotak Mahindra Bank, IndiGo, Trent, M&M, L&T, Sun Pharma and Asian Paints were the gianers.PowerGrid, NTPC, ITC, ICICI Bank, Infosys, HDFC Bank, Tech Mahindra, Maruti Suzuki and Axis Bank were the laggards.Sectors such as cement, capital goods, textiles, and consumer discretionary attracted inv ...

CEMEX (NYSE:CX) Q4 2025 Earnings call February 05, 2026 10:00 AM ET Speaker10Hello, good morning, and welcome everyone to the CEMEX Fourth Quarter 2025 conference call and webcast. My name is Becky, and I will be your operator for today. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session. If at any time you require operator assistance, please press star followed by zero, and we'll be happy to assist you. And now I will turn the conference over to L ...

Last Friday, financial FRNs traded 1bp wider. In HK, the NWDEVL/VDNWDL complex surged another 0.5-3.0pts, following the market rumors that Blackstone might become NWD's single largest shareholder, but no agreement has been reached yet. FAEACO 12.814 Perp rose 1.5pts. SHUION 26-29 edged 0.2-0.6pt higher. SUNHKC 26 was 0.1pt lower, while SUNHKC 29 was 0.3pt higher. TW lifers were 2-4bps wider amid street selling on NSINTW/SHIKON. Long-end MEITUA/KUAISH also widened 2- 3bps. EHICAR 26 was down by 0.6pt. WESCHI ...

February 1, 2026 11:32 PM GMT Investor Presentation | Asia Pacific M Foundation Micro Fixes, Macro Slow Burn Related reports: Micro Fixes, Macro Slow Burn (29 January 2026) Morgan Stanley Asia Limited Robin Xing Chief China Economist Robin.Xing@morganstanley.com +852 2848-6511 | | The slight easing in provincial targets reflects a shift toward pragmatism rather than pessimism | | | A lower growth target could be positive for rebalancing | | --- | --- | --- | --- | --- | | | 2025 | 2026 | Change | | | Beijin ...

Core Viewpoint - The market capitalization of BSE-listed companies experienced a significant decline of Rs 9,40,581.75 crore, dropping to Rs 4,50,61,658.60 crore (USD 4.90 trillion) in a single day due to the proposed increase in Securities Transaction Tax (STT) on derivatives by Finance Minister Nirmala Sitharaman [1][5]. Market Reaction - The BSE Sensex fell by 2,370.36 points or 2.88 percent, closing below the 80,000-mark at 79,899.42 during afternoon trading [4]. - The benchmark index ended at 80,722.94, down 1,546.84 points or 1.88 percent, marking a notable decline similar to the drop on February 1, 2020 [5][7]. Impact of STT Increase - The STT on futures contracts is set to increase from 0.02 percent to 0.05 percent, while the STT on options premium and exercise will rise to 0.15 percent from 0.1 percent and 0.125 percent respectively [6][9]. - This increase in STT is viewed negatively by active traders and the derivatives ecosystem, as it raises transaction costs and may reduce speculative volumes, impacting liquidity in futures and options [6][8]. Investor Sentiment - The proposed tax changes aim to moderate excessive derivatives activity and boost revenue, but they could dampen retail participation during bullish market phases and affect short-term broking revenues [8]. - The overall market sentiment was negative, with 2,375 stocks declining, while only 1,759 advanced and 175 remained unchanged on the BSE [12]. Sector Performance - Among the major companies, State Bank of India and Adani Ports saw declines of 5.61 percent and 5.53 percent respectively, while Tata Consultancy Services, Infosys, Sun Pharma, and Titan were among the gainers [11][12]. - Various indices experienced significant drops, with BSE PSU Bank falling by 5.60 percent and the metal sector declining by 3.85 percent [12].