Peru: Cementos Pacasmayo’s sales rose in 2018 due to higher sales to medium-sized companies, the self-construction sector and the public sector. The cement producer said that this was the first year it had reported growth after five years of ‘flat’ volumes. Its sales rose by 3.5% year-on-year to US$379m from US$366m. Cement production increased by 2.6% to 2.35Mt from 2.29Mt and clinker production increased by 4.7% to 1.72Mt from 1.64Mt. Its consolidated earnings before interest, taxation, depreciation and amortisation (EBITDA) increased 14.7% to US$112 from US$97.2m.
Cementos Pacasmayo grows sales in 2018
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