Loma Negra Compania Industrial Argentina Sa · BCBA:LOMA
Loma Negra Compania Industrial Argentina Sa — Q4 2025 Earnings Presentation
21 slides from Loma Negra Compania Industrial Argentina Sa's earnings presentation, 2026
Slide 1: 4Q25 Results Conference Call
4Q25 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 Continue to Lag in 4Q, Closing a Year of Moderate Recovery
Volumes Continue to Lag in 4Q Closing a Year of Moderate Recovery l Cement business, volumes remain subdued (-1.2% YoY), with margins broadly in line with prior quarters l As reported results l Net revenues reached Ps. 225.2 billion, down 1.7% (US$ 152 million) l Adjusted EBITDA stood at Ps. 44.3 bi
Slide 4: ESG Highlights
Sustainability Report ESG Highlights SOCIAL 2,689 EMPLOYEES ENVIRONMENT contribute with their talent in Loma Negra (1,714) and in Ferrosur (975) CARBON FOOTPRINT: WASTE MANAGEMENT AND CIRCULAR ECONOMY: 701 172 -22 % CO e EMISSIONS* 2 compared to the 2021 85% OF WASTE RECOVERED PARTNER ORGANIZATIONS
Slide 5: Macro & Industry context, Revenues and Volumes
Macro & Industry context Revenues and Volumes
Slide 6: Cement Demand Remains Flat in 4Q, Closing 2025 Up 5.6%
Cement Demand Remains Flat in 4Q Closing 2025 Up 5.6% Mo n t h ly In d u st ry Ce m e n t Sa le s 3 (‘000 t o n s) Industry Cement Sales by Type3 (%) 2022 2023 2024 2025 2026 Bulk 45% 55% Bag May Dec Mar Apr Feb Sep Nov Aug Oct Jun Jul Jan GDP Gro GDP wt h 1 (Yo YGro wt h , %) Growth Co n st ru ct i
Slide 7: Gradual Improvement: Top line Contraction Continues to Narrow YoY
Gradual Improvement: Top line Contraction Continues to Narrow YoY Revenue Performance: l Cement, masonry & lime: decreased 4.4% YoY, with volumes contracting 1.2%. Prices continued their sequential recovery l Concrete: strong recovery, up 37.1% YoY. Volumes up 62.0% l Railroad: decreased 8.9% YoY. V
Slide 8: Business Performance
Business Performance
Slide 9: Gross Margin Contracts YoY, Showing Sequential Improvement
Gross Margin Contracts YoY, Showing Sequential Improvement l Consolidated gross profit declined by 29.1% YoY, with margin contracting 906 bps to 23.5%, although showing a sequential recovery versus the previous quarter. In the Cement segment, higher cost of sales and increased depreciation further p
Slide 10: EBITDA Margin Contracts YoY With Limited Sequential Decline
EBITDA Margin Contracts YoY With Limited Sequential Decline 37 Consolidated Adjusted EBITDA Million US$ 19.7 Cons. Adj. EBITDA Margin % Down 33.4% in 4Q25 when measured in Ps. Decreased by 938 bps. YoY & 114 bps QoQ l By segments Adjusted EBITDA & Margin l Cement, masonry cement and lime segment Adj
Slide 11: Bottom line & Financial performance
Bottom line & Financial performance
Slide 12: Lower Net Profit in 4Q and FY25
Lower Net Profit in 4Q and FY25 As Lower Operating Results and Financial Normalization Weigh on Performance l Net Profit breakdown for 4Q25: Finance Gain (Costs), net l Adjusted EBITDA decreased by 33.4% YoY AR$ Million l Total finance cost of Ps. 9.8 billion in 4Q25 compared to a net gain of Ps. 1.
Slide 13: Sound Balance Sheet at Year-End
Sound Balance Sheet at Year-End Post-Quarter Bond Issuance Enhances Debt Maturity Profile l Cash position and Investments of Ps. 31.4 billion and total debt at Ps. 297.9 billion as of end of Debt Maturity schedule (principal) 4Q25. Ps. USD US$ Million l Net Debt of Ps. 266.5 billion (US$ 183 MM; dow
Slide 14: Outlook
Outlook
Slide 15: Outlook 2026
Outlook 2026 l Volume recovery in 2025 fell short of initial expectations, losing momentum in the second half of the year. l In this context, margins remained under pressure, reinforcing our focus on cost discipline and operational efficiency. l While the recovery may progress at a slower pace than
Slide 16: Financial Tables
Financial Tables
Slide 17: 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 Twelve-months ended December 31, December 31, 2025 2024 % Chg. 2025 2024 % Chg. Adjusted EBITDA reconciliation: Net profit (Los
Slide 18: Balance Sheet
Balance Sheet Table 8: Condensed Interim Consolidated Statements of Financial Position SHAREHOLDER'S EQUITY (amounts expressed in millions of pesos, unless otherwise noted) Capital stock and other capital related accounts 347,824 347,824 Reserves 695,810 493,476 As of December 31, As of December, 31
Slide 19: 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 Twelve-months ended December 31, December 31, 2025 2024 % Change 2025 2024 % Change Net
Slide 20: 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) Twelve-months Three-months ended ended December 31, December 31, 2025 2024 2025 2024 CASH FLOWS FROM OPERATING ACTIVITIES Net Profit (Loss) 5,895 2
Slide 21: 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 — Q4 2025 Earnings Presentation on 6ix