Loma Negra Compania Industrial Argentina Sa · BCBA:LOMA

Loma Negra Compania Industrial Argentina Sa — Q1 2021 Earnings Presentation

20 slides from Loma Negra Compania Industrial Argentina Sa's earnings presentation, 2021

  1. Slide 1: 1Q21 Results Conference Call

    1Q21-Results Conference Call

  2. 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

  3. Slide 3: Strong business performance, EBITDA recovery of 49.6% YoY

    Strong business performance, EBITDA recovery of 49.6% YoY Core business continues to deliver strong results with encouraging momentum, stabilizing in pre-pandemic levels As reported results Net revenues 35.4% to Ps. 13.2 billion (US$ 143 million) Adjusted EBITDA 49.6% to Ps. 4.7 billion (US$ 52 mill

  4. Slide 4: Macro & Industry context; Revenues and Volumes

    • Macro & Industry context • Revenues and Volumes 3

  5. Slide 5: Stabilization of Cement demand around pre-pandemic levels

    Stabilization of Cement demand around pre-pandemic levels GDP Growth1 (YoY Growth, %) Construction Activity2 & Monthly Industry Cement Sales3 (YoY Growth, %) 2.9 6.4 2.5 2.5 ISAC Cement Industry 135 98 94 -2.6 -2.1 -5.2 -4.3 25 27 33 23 20 23 18 11 13 6 -9.9 -10.1 -13 -4 -1 -15 -7 -13 -14 -19.0 -49

  6. Slide 6: Core business driving revenue expansion of 35.4% YoY

    Core business driving revenue expansion of 35.4% YoY Sales Volume recovery across all segments Revenue Performance: Cement, masonry & lime: increased 38.4% YoY, with volumes expanding 38.0% with stable pricing Concrete: up by 64.8% YoY. Volumes recovery from initial lockup 104.6% partially offset by

  7. Slide 7: Business Performance

    Business Performance NEGRA

  8. Slide 8: Gross profit up 61.0%, with 577 bps of margin expansion

    Gross profit up 61.0%, with 577 bps of margin expansion Consolidated gross profit up 61.0% YoY, with gross margin expanding 577 bps to 36.2% driven by our Cement business Cement gross margin expanded in the back of higher sales volumes and positive input costs SG&A increased by 26.6% YoY due to high

  9. Slide 9: Adjusted EBITDA +49.6% YoY with margin expanding 341 bps

    Adjusted EBITDA +49.6% YoY with margin expanding 341 bps Consolidated Adjusted EBITDA up 49.6% YoY reflecting a persistent momentum in our core cement business EBITDA of US$52 million in the 1Q21, compared to US$36 million in 1Q20 Adjusted EBITDA & Margin Consolidated Adjusted EBITDA Margin expanded

  10. Slide 10: Bottom line; Financial performance

    • Bottom line • Financial performance 9

  11. Slide 11: Net profit surged 104% as EBITDA growth coupled with net finance gain

    Net profit surged 104% as EBITDA growth coupled with net finance gain Net Profit breakdown: Finance Costs, net Adjusted EBITDA increased by 49.6% YoY AR$ Million 141 Total finance gain of Ps.141 million in 1Q21 compared to a net loss of Ps.570 million in 1Q20 Foreign exchange gain of Ps. 21 million

  12. Slide 12: Strong cashflow generation coupled with solid financial position

    Strong cashflow generation coupled with solid financial position Cash position of Ps. 6.0 billion and total debt at Ps. 6.7 billion as of end of 1Q21 Debt Maturity schedule Net Debt of Ps. 640 million (US$ 7 mm) in Mar’21 compared to Ps. 18,3 billion (US$ 284 mm) in Mar’20 Ps. EUR USD US$ Million Ne

  13. Slide 13: 2021 Outlook

    2021 Outlook ~ ( re ) una empresa (eo) InterCement 12

  14. Slide 14: 2021 Outlook

    2021 Outlook Cement demand stabilizing around pre-pandemic levels with moderate growth perspectives expected for the remainder of the year The macroeconomic context together with Covid-19 second wave may increase uncertainty and affect large construction projects resumption Expansion of L´Amalí plan

  15. Slide 15: Financial Tables

    Financial Tables ~ eae empress ©) InterCement 14

  16. 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, 2021 2020 % C hg. Adjusted EBITDA reconciliation: Net profit 2,568 1,256 104.4% (+) Depreciation and amortization 967

  17. 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, 2021 2020 ASSETS SHAREHOLDERS' EQUITY C apital stock and other capital related accounts 16,743 16,998 Non-current

  18. Slide 18: Income Statement

    Income Statement Table 9: Condensed Interim Consolidated Statements of Profit or Loss (amounts expressed in millions of pesos, unless otherwise noted) Three-months ended March 31, 2021 2020 % C hange Net revenue 13,175 9,734 35.4% C ost of sales (8,400) (6,768) 24.1% Gross profit 4,776 2,966 61.0% S

  19. Slide 19: Statement of Cash Flows

    Statement of Cash Flows Table 10: Condensed Interim Consolidated Statement of Cash Flows (amounts expressed in millions of pesos, unless otherwise noted) Three-months ended Three-months ended March 31, March 31, 2021 2020 2021 2020 CASH FLOWS FROM OPERATING ACTIVITIES Net profit 2,568 1,256 2,568 1,

  20. Slide 20: Thank you!

    IR Contact Marcos I. Gradin Chief Financial Officer and Investor Relations Thank you! Gastón Pinnel Head of Investor Relations +54 (11 ) 4319-3050 investorrelations@lomanegra.com

Loma Negra Compañía Industrial Argentina — Q1 2021 Earnings Presentation on 6ix