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Cementos Pacasmayo Reports Q4 Revenue Up 3%, Cement Sales Increase 2.6%, Net Income Surges 39.3% On Impairment Adjustments

Benzinga · 02/14 07:44

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4Q24 FINANCIAL AND OPERATIONAL HIGHLIGHTS:
(All comparisons are to 4Q23, unless otherwise stated)

Sales volume of cement, concrete and precast increased by 2.6%, mainly due to an increase in bagged cement and public sector demand.
Revenues increased by 3.0%, in line with increased sales volume.
Consolidated EBITDA of S/142.5 million, an 8.7% decrease compared to adjusted EBITDA in 4Q23.
Consolidated EBITDA margin of 27.1%, a 3.5 percentage point decrease compared to adjusted EBITDA margin in 4Q23.
Net income of S/ 50.0 million, a 39.3% increase mainly due to the impairment loss of our vertical kilns included in the 2023 results.
Sustainability achievements - We are honored to be included in the Yearbook by S&P, for the fifth consecutive year, and to achieve 9th place in the general ranking of the most responsible companies in terms of sustainability in the country according to Merco ESG.

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