Loma Negra’s (LOMA) Dollar Profits Jump Even As Cement Volumes Stall
Loma Negra (LOMA) reported Q2 net profit of Ps. 7,043M, up from Ps. 514M YoY, driven by currency effects. Sales rose 2.1% to Ps. 238,053M, but cement volumes fell 1.4%. Adjusted EBITDA increased 12.5% to $38M. Net debt decreased to Ps. 273,650M, with improved debt ratios. Operating cash flow turned positive, aided by lower taxes and higher railroad volumes.




