Loma Negra Compania Industrial Argentina Sa · BCBA:LOMA
Loma Negra Compania Industrial Argentina Sa — Q1 2025 Earnings Presentation
20 slides from Loma Negra Compania Industrial Argentina Sa's earnings presentation, 2025
Slide 1: 1Q25 Results Conference Call
1Q25-Results Conference Call
Slide 2: Disclaimer and Forward-Looking Statement
Disclaimer and Forward-Looking Statement This presentation may contain forward-looking statements within the meaning of federal securities law that are subject to risks and uncertainties. These statements are only predictions based upon our current expectations and projections about possible or assu
Slide 3: A Promising Start to the Year
A Promising Start to the Year Recovery Still in Early Stages Cement business Dispatches recovered YoY, despite unfavorable weather. LOMA delivered a margin expansion in the first quarter, amid still challenging scenario. As reported results Net revenues reached Ps. 163.2 billion, down 8.9% (US$ 149
Slide 4: Macro & Industry context; Revenues and Volumes
• Macro & Industry context • Revenues and Volumes
Slide 5: Recovery Underway After a Challenging 2024
Recovery Underway After a Challenging 2024 1Q25 Volumes Up 11% YoY Monthly Industry Cement Sales3 (‘000 tons) Industry Cement Sales by Type3 (%) 2021 2022 2023 2024 2025 Bulk 40% 1Q24 60% Bag +11% YoY May Dec Mar Apr Feb Sep Nov Aug Oct Jun Jul Jan GDP Growth1 (YoY Growth, %) Construction Activity2
Slide 6: Volumes Begin to Rebound Amid Top Line Contraction
Volumes Begin to Rebound Amid Top Line Contraction Revenue Performance: Cement, masonry & lime: decreased by 10.9% year-over-year, as an 8.9% increase in volumes was offset by softer pricing dynamics, which remained more closely aligned with the evolution of costs Concrete: down 1.4% YoY. Volumes im
Slide 7: Business Performance
• Business Performance
Slide 8: Margin Improves YoY Despite Gross Profit Contraction
Margin Improves YoY Despite Gross Profit Contraction Consolidated Gross Profit declined 4.7% year-over-year, while margin expanded by 116 basis points to 26.4%. In the Cement segment, cost improvements and lower depreciation helped offset softer price performance. Margin also improved across other b
Slide 9: Margin Expansion Supported by Volumes and Cost Efficiencies, Though EBITDA Declines
Margin Expansion Supported by Volumes and Cost Efficiencies, Though EBITDA Declines 40 Consolidated Adjusted EBITDA Million US$ 24.0 Cons. Adj. EBITDA Margin % Down 3.2% in 1Q25 when measured in Ps. Up 140 bps. YoY By segments Adjusted EBITDA & Margin AR$ Million Cement, masonry cement and lime segm
Slide 10: Bottom line; Financial performance
• Bottom line • Financial performance
Slide 11: Lower Financial Gain Reflects Normalization of Inflationary Adjustments
Lower Financial Gain Reflects Normalization of Inflationary Adjustments Net Profit breakdown for 1Q25: Finance Gain (Costs), net Adjusted EBITDA decreased by 3.2% YoY AR$ Million Total finance gain of Ps. 8.9 billion in 1Q25 compared to a net 103,219 gain of Ps. 103.2 billion in 1Q24 8,907 Foreign e
Slide 12: Robust Balance Sheet Indebtedness Ratio Remains Below 1x
Robust Balance Sheet Indebtedness Ratio Remains Below 1x Cash position and Investments of Ps. 10.6 billion and total debt at Ps. 197.2 billion as of end of Debt Maturity schedule (principal) 1Q25 Ps. USD US$ Million Net Debt of Ps. 186.6 billion (US$ 174 MM; up US$ 17 MM on a sequential basis) 77 Ne
Slide 13: 2025 Outlook
2025 Outlook
Slide 14: Outlook 2025
Outlook 2025 Promising start to the year, with volumes beginning to recover, though the recovery remains in an early and still incipient phase Macroeconomic stabilization is key to laying the foundation for sustained growth. With optimistic forecasts for Argentina, we maintain our positive growth ex
Slide 15: Financial Tables
Financial Tables
Slide 16: Adjusted EBITDA Reconciliation & Margin
Adjusted EBITDA Reconciliation & Margin Table 4: Adjusted EBITDA Reconciliation & Margin (amounts expressed in millions of pesos, unless otherwise noted) Three-months ended March 31, 2025 2024 % Chg. Adjusted EBITDA reconciliation: Net profit (Loss) 21,250 79,061 -73.1% (+) Depreciation and amortiza
Slide 17: Balance Sheet
Balance Sheet Table 8: Condensed Interim Consolidated Statements of Financial Position (amounts expressed in millions of pesos, unless otherwise noted) As of March 31, As of December, 31 SHAREHOLDER'S EQUITY 2025 2024 Capital stock and other capital related accounts 287,064 287,064 Reserves 407,273
Slide 18: Income Statement
Income Statement Table 9: Condensed Interim Consolidated Statements of Profit or Loss and Other Comprehensive Income (unaudited) (amounts expressed in millions of pesos, unless otherwise noted) Three-months ended March 31, 2025 2024 % Change Net revenue 163,151 179,087 -8.9% Cost of sales (120,015)
Slide 19: Statement of Cash Flows
Statement of Cash Flows Table 7: Condensed Interim Consolidated Statement of Cash Flows (amounts expressed in millions of pesos, unless otherwise noted) Three-months ended March 31, 2025 2024 CASH FLOWS FROM OPERATING ACTIVITIES Net Profit (Loss) 21,250 79,061 Adjustments to reconcile net profit (lo
Slide 20: Thank you!
Thank you! IR Contact Marcos I. Gradin Chief Financial Officer and Investor Relations Diego M. Jalón Head of Investor Relations investorrelations@lomanegra.com
Loma Negra Compañía Industrial Argentina — Q1 2025 Earnings Presentation on 6ix