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Stock impact report

Loma Negra Announces 3Q17 Results

Loma Negra Compania Industrial Argentina Sociedad Anonima ADS (LOMA) 
US:NYSE Investor Relations: investors.lomanegra.com
Company Research Source: Business Wire
Revenues Increase 54.4% and Net Profit Grows 162.7% YoY BUENOS AIRES, Argentina--(BUSINESS WIRE)-- Loma Negra, (NYSE: LOMA; BYMA: LOMA), (“Loma Negra” or the “Company”), the leading cement producer in Argentina, today announced unaudited results for the three- and nine-month periods ended September 30, 2017. 3Q17 Key Highlights Our cement, masonry & lime sales volume in Argentina up 9.0% with expanded construction activity Net revenue up 54.4% to Ps.4,165 million on volume and price increases, translated to US$241 million Gross profit margin increased 381 basis points to 27.9% Adjusted EBITDA in period reached Ps.1,005 million representing US$58 million Adjusted EBITDA margin up 263 basis points to 24.1% As of September 2017, Net Debt was Ps.4,065 million or US$235 million, with a Net Debt/Adju Show less Read more
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