Loma Negra Reports 4Q18 and FY18 Results
Loma Negra Compania Industrial Argentina Sociedad Anonima ADS (LOMA)
US:NYSE Investor Relations:
investors.lomanegra.com
Company Research
Source: Business Wire
BUENOS AIRES, , Argentina--(BUSINESS WIRE)-- Loma Negra, (NYSE: LOMA)(BYMA: LOMA), (“Loma Negra” or the “Company”), the leading cement producer in Argentina, today announced results for the three and twelve-month periods ended December 31, 2018 (our “4Q18 and FY18 Results”). Commencing with our in 4Q18 and FY18 Results, the Company is reporting results of its subsidiaries by applying International Accounting Standards 29 – IAS 29 (Financial Reporting in Hyperinflationary Economies) (“IAS 29”), as detailed in the “Review of Financial Results” on page 8. 4Q18 Key Highlights Net revenue increased 2.8% YoY to Ps.6,936 million (US$182 million), mainly reflecting growth in Cement in Paraguay and the Concrete segment Consolidated Adjusted EBITDA up 20.6% YoY to Ps.2,159 million (US$58 million), principally driven by the Cement, masonry, and lime segment in Argent
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News
- Loma Negra Is Still Attractive But Could Test Lows Now Thanks To The Recession [Seeking Alpha]Seeking Alpha
- Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE: LOMA) was upgraded by analysts at Bank of America Co. from an "underperform" rating to a "neutral" rating.MarketBeat
- Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE: LOMA) was downgraded by analysts at UBS Group AG from a "neutral" rating to a "sell" rating. They now have a $5.00 price target on the stock, down previously from $6.00.MarketBeat
- Why Loma Negra Compania Industrial Argentina S.A. Sponsored ADR (LOMA) Dipped More Than Broader Market Today [Yahoo! Finance]Yahoo! Finance
- Loma Negra Compania Industrial Argentina S.A. Sponsored ADR (LOMA) Stock Sinks As Market Gains: Here's Why [Yahoo! Finance]Yahoo! Finance
LOMA
Sec Filings
- 4/11/24 - Form 6-K
- 3/25/24 - Form 6-K
- 3/25/24 - Form 6-K
- LOMA's page on the SEC website