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News Loma Negra increases first-quarter sales, earnings and profit in 2022

Loma Negra increases first-quarter sales, earnings and profit in 2022

Written by Global Cement staff 10 May 2022
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Argentina: Loma Negra’s first-quarter sales were US$171m in 2022, up by 20% year-on-year from US$143m in the first quarter of 2021. Its adjusted earnings before interest, taxation, depreciation and amortisation (EBITDA) were US$60m, up by 14% from US$52m, while its net profit was US$41m, up by 11% from US$37m. The producer’s cement, masonry and lime sales volumes rose by 6.6% in the quarter to 1.48Mt from 1.38Mt.

Last modified on 11 May 2022
Published in Global Cement News
Tagged under
  • Loma Negra
  • Intercement
  • Argentina
  • Results
  • volumes
  • GCW556
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