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LOMA: Sequential volume recovery and margin expansion highlight Loma Negra's improving outlook

LOMA: Sequential volume recovery and margin expansion highlight Loma Negra's improving outlook

Loma Negra Compania Industrial Argentina SaNovember 7, 20245
LOMA: Sequential volume recovery and margin expansion highlight Loma Negra's improving outlook

About this update from Loma Negra Compania Industrial Argentina Sa

Loma Negra's 3Q24 revenue and profit declined year-over-year due to lower cement volumes, but sequential volume recovery and margin expansion signal improving conditions. Net debt was reduced by US$40 million, and management anticipates a stronger recovery as macroeconomic stability returns.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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