Loma Negra Compania Industrial Argentina Sa · BCBA:LOMA
Loma Negra Compania Industrial Argentina Sa — Q2 2025 Earnings Presentation
20 slides from Loma Negra Compania Industrial Argentina Sa's earnings presentation, 2025
Slide 1: 2Q25 Results Conference Call
2Q25-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: Volumes Recovery Underway Amid Persistently Challenging Market Dynamics
Volumes Recovery Underway Amid Persistently Challenging Market Dynamics Cement business Dispatches continue its recovery, growing 11% YoY. LOMA’s margin decrease in the quarter, amid still challenging scenario. As reported results Net revenues reached Ps. 174.5 billion, down 8.0% (US$ 149 million) A
Slide 4: Macro & Industry context; Revenues and Volumes
• Macro & Industry context • Revenues and Volumes
Slide 5: Recovery Trend Holds in 2Q: Volumes Up 14% YoY
Recovery Trend Holds in 2Q Volumes Up 14% YoY Monthly Industry Cement Sales3 (‘000 tons) Industry Cement Sales by Type3 (%) 2021 2022 2023 2024 2025 Bulk 43% 57% Bag May Dec Mar Apr Feb Sep Nov Aug Oct Jun Jul Jan GDP Growth1 (YoY Growth, %) Construction Activity2 & Monthly Industry Cement Sales3 (Y
Slide 6: Sustained Volumes Recovery Amid a Still-Challenging Context
Sustained Volumes Recovery Amid a Still-Challenging Context Revenue Performance: Cement, masonry & lime: decreased by 5.5% year-over-year. The recovery in volumes, that reached 11.1%, partially compensated the softer pricing dynamics amid a still challenging market condition. Concrete: down 1.1% YoY
Slide 7: Business Performance
• Business Performance
Slide 8: Margin Contraction in 2Q25 Driven by Top Line Decline
Margin Contraction in 2Q25 Driven by Top Line Decline Consolidated Gross Profit declined 30.5% year-over-year, while margin contracted by 659 basis points to 20.4%. In the Cement segment, higher volumes, cost management and lower depreciation helped offset a softer pricing environment. Margin also d
Slide 9: EBITDA Margin Contracts Despite Volume Gains and Cost Control
EBITDA Margin Contracts Despite Volume Gains and Cost Control 34 Consolidated Adjusted EBITDA Million US$ 21.2 Cons. Adj. EBITDA Margin % Down 30.6% in 2Q25 when measured in Ps. Decreased by 691 bps. YoY By segments Adjusted EBITDA & Margin AR$ Million Cement, masonry cement and lime segment Adjuste
Slide 10: Bottom line; Financial performance
• Bottom line • Financial performance
Slide 11: Net Profit Down Amid Lower Operations and Reduced Inflation Impact
Net Profit Down Amid Lower Operations and Reduced Inflation Impact on Financial Results Net Profit breakdown for 2Q25: Finance Gain (Costs), net Adjusted EBITDA decreased by 30.6% YoY AR$ Million Total finance cost of Ps. 16.7 billion in 2Q25 compared to a net gain of Ps. 33.5 billion in 2Q24 33,461
Slide 12: Solid Balance Sheet: New Post-2Q Issuance Enhances Maturity Profile
Solid Balance Sheet New Post-2Q Issuance Enhances Maturity Profile Cash position and Investments of Ps. 15.9 billion and total debt at Ps. 272.1 billion as of end of Debt Maturity schedule (principal) 2Q25. Ps. USD US$ Million Net Debt of Ps. 256.2 billion (US$ 215 MM; up US$ 41 MM on a sequential b
Slide 13: 2025 Outlook
2025 Outlook
Slide 14: Outlook 2025
Outlook 2025 Recovery trend observed in 1Q25 continues, though we remain in the early stages and market conditions are still challenging. 5.8% GDP growth in the first quarter is a positive signal; we reaffirm our expectation of double-digit growth for the industry this year. While demand remains in
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 Six-months ended June 30, June 30, 2025 2024 % Chg. 2025 2024 % Chg. Adjusted EBITDA reconciliation: Net profit (Loss) 385 41,2
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 June 30, As of December, 31 SHAREHOLDER'S EQUITY Capital stock and other capital related accounts 304,324 304,324 2025 2024 Reserves 608,790 4
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 Six-months ended June 30, June 30, 2025 2024 % Change 2025 2024 % Change Net revenue 17
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 Six-months ended June 30, June 30, 2025 2024 2025 2024 CASH FLOWS FROM OPERATING ACTIVITIES Net Profit (Loss) 385 41,246 22,912
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 — Q2 2025 Earnings Presentation on 6ix