Q1 2025 Loma Negra Compania Industrial Argentina SA Earnings Call Transcript
Key Points
- Loma Negra Cia Industria Argentina SA (LOMA) reported an 11% year-over-year increase in industry recovery for the first quarter of 2025, despite adverse weather conditions.
- The company achieved an adjusted EBITDA of $40 million, with a margin improvement of 140 basis points compared to the same period last year.
- Net debt-EBITDA ratio remains comfortable below 1 times, indicating a strong and resilient balance sheet.
- Cement volumes grew by 28% year over year in April, showing signs of a robust recovery.
- Cost management efforts led to a decline in costs by 21.9% on a per-ton basis in the cement segment, supporting profitability.
- First quarter top-line decreased by 8.9%, primarily due to weaker performance in the cement segment.
- The aggregate segment experienced a 14.2% revenue decline despite a 29% increase in sales volumes, impacted by challenging market conditions.
- Railroad revenues saw a decline, with a contraction in adjusted EBITDA margin due to lower revenue per kilometer from grain transport.
- Net profit attributed to owners of the company declined significantly to ARS21.5 billion from ARS79 billion in the first quarter of 2024.
- The severe storm in Bahia Blanca disrupted railroad connections, negatively impacting transport and expected to continue affecting the second quarter.
Good morning, and welcome to the Loma Negra first-quarter 2025 conference call and webcast. (Operator Instructions)
Also, Mr. Sergio Faifman will be responding in Spanish and immediately following in English translation. (Operator Instructions)
Please note this event is being recorded.
I will now turn the conference over to Mr. Diego Jalón, Head of IR. Please, Diego, go ahead.
Thank you. Good morning, and welcome to Loma Negra's earnings conference call. By now, everyone should have access to our earnings press release and the presentation for today's call, both of which were distributed yesterday after market close.
Joining me on the call this morning will be Sergio Faifman, our CEO and Vice President of the Board of Directors; and our CFO, Marcos Gradin. Both of them will be available for the Q&A session.
Before we proceed, I would like to make the following Safe Harbor statements. Today's call
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
