Loma Negra Compania Industrial Argentina Sa · BCBA:LOMA
Loma Negra Compania Industrial Argentina Sa — Q3 2020 Earnings Presentation
17 slides from Loma Negra Compania Industrial Argentina Sa's earnings presentation, 2020
Slide 1: 3Q20 Results Conference Call
3Q20 Results Conference Call Documento de InterCement – Público
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: Strong Loma Negra adjusted EBITDA growth and margin expansion in 3Q20
Strong Loma Negra adjusted EBITDA growth and margin expansion in 3Q20 Solid results in 3Q20 driven by our core business As reported results Net revenues - 4.5%YoY to Ps.10.8 billion (US$143 million) Adjusted EBITDA 11.66%YoY to Ps.3.4 billion (US$48 million) Net profit of Ps.6,449 billion (US$113 mi
Slide 4: Clearer recovery pathway for the industry, yet economic turn around still uncertain
Clearer recovery pathway for the industry, yet economic turn around still uncertain GDP Growth1 (YoY Growth, %) Construction Activity2 (YoY Growth, %) 2,9 5,1 2,5 0,4 -9,5 -5,2 -6,4 -3,9 -1,1 -14,8 -12,9 -17,7 -2,2 -2,5 -2,1 -1,8 -13,5 -22,1 -5,2 -47,1 -48,6 -11,8 -76,2 -19,1 2Q19 3Q19 4Q19 1Q20 2Q2
Slide 5: Cement revenues up 5.3%, while consolidated revenues drop 4.5% impacted by other segments
Cement revenues up 5.3%, while consolidated revenues drop 4.5% impacted by other segments Revenue Performance: Cement, masonry & lime: up 5.3% YoY. Volumes growth of 2.9%, explained by robust rebound in Bag, couple with favorable pricing Concrete: dropped by 75.5% YoY with Volumes down 70.2%. Large
Slide 6: Gross Profit up 3.9% with 225 bps margin expansion
Gross Profit up 3.9% with 225 bps margin expansion Consolidated gross profit up 3.9 YoY, with gross margin expanding 225 bps to 28.0% as Bag segment continues to recover with production costs under control Cement gross margin expanded, profiting from favorable input costs and leaner fixed cost struc
Slide 7: Adjusted EBITDA up 11.6% YoY, margin expanding 454 bps
Adjusted EBITDA up 11.6% YoY, margin expanding 454 bps Consolidated Adjusted EBITDA up 11.6% YoY in 3Q20 in the back of Bagged cement recovery Consolidated Adjusted EBITDA Margin expanded 454 bps to 31.5% explained by expansion in Cement margins Adjusted EBITDA & Margin By segments: AR$ Million Ceme
Slide 8: Net profit boosted by sale of Paraguay operations
Net profit boosted by sale of Paraguay operations Net Profit breakdown: Finance Costs, net Adjusted EBITDA increased 11.6% YoY AR$ Million Total finance gain net of Ps.2,001 million in 3Q20 compared to a loss of Ps.2,046 million in 3Q19 2,001 Foreign exchange gain of Ps.2,054 million in 3Q20, compar
Slide 9: Strong Balance Sheet and adequate debt profile
Strong Balance Sheet and adequate debt profile The divestment in Paraguay further strengthened our liquidity and Balance Sheet Cash position of Ps.4.7 billion (US$ 61 million) and manageable short-term debt maturities of Ps.3.9 Debt by Currency billion as of September ’20 Operating cash flow of Ps.3
Slide 10: Looking forward
Looking forward Resiliency under challenging times, deliver of margin and EBITDA growth in our core business, supported by our strong commercial and operational performance Clearer recovery pathway for the industry driven almost exclusively by household and retail demand, with monthly record high vo
Slide 11: Questions & Answers
Questions & Answers Documento de InterCement – Público
Slide 12: Exhibit: Summary Financial Statements
Exhibit: Summary Financial Statements Documento de InterCement – Público
Slide 13: 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 Nine-months ended September 30, September 30, 2020 2019 % C hg. 2020 2019 % C hg. Adjusted EBITDA reconciliation: Net profit 6,
Slide 14: Balance Sheet
Balance Sheet Table 8: Condensed Interim Consolidated Statements of Financial Position as of September 30, 2020 and December 31, 2019 (amounts expressed in millions of pesos, unless otherwise noted) As of September 30, As of December 31, 2020 2019 ASSETS SHAREHOLDERS' EQUITY C apital stock and other
Slide 15: Income Statement
Income Statement Three-months ended Nine-months ended September 30, September 30, Table 9: Condensed Interim Consolidated Statements of Profit or Loss and Other 2020 2019 % C hange 2020 2019 % C hange (amounts expressed in millions of pesos, unless otherwise noted) Net revenue 10,756 11,260 -4.5% 25
Slide 16: Statement of Cash Flows
Net profit (loss) from continuing operations 2,245 (180) 2,960 2,903 Income from discontinued operations 4,204 262 4,607 665 Net profit 6,449 83 7,567 3,569 Adjustments to reconcile net profit to net cash provided by operating activities Statement of Cash Flows Income tax expense Depreciation and am
Slide 17: IR Contact
IR Contact Marcos I. Gradin Chief Financial Officer and Investor Relations Gaston Pinnel Investor Relations Manager +54-11-4319-3050 investorrelations@lomanegra.com Documento de InterCement – Público
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