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
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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