Loma Negra Reports 3Q26 results
Key Highlights
- ➤Net sales Ps. 270,107 million, down 3.2% YoY
- ➤Adjusted EBITDA Ps. 54,189 million, down 6.7% YoY
- ➤Net profit Ps. 14,482 million versus prior-year loss
- ➤Net debt Ps. 220,486 million; leverage improved to 1.00x
- ➤US$ 150 million bond issued to refinance upcoming maturities
Expert Statements
Sergio Faifman, Chief Executive Officer of Loma Negra
“Industry volumes remained subdued during the third quarter, as July and August were affected by still-soft activity levels and heavy winter rainfall. September, however, showed a significant improvement on the back of more favorable weather, which we view as an encouraging sign for the months ahead.”
Sergio Faifman, Chief Executive Officer of Loma Negra
“Regarding our third-quarter results, the Cement business slightly improved its margin both year-over-year and sequentially, despite the third quarter typically being our lowest-margin quarter due to seasonal costs.”
Sergio Faifman, Chief Executive Officer of Loma Negra
“At the consolidated level, margins in pesos contracted, as our other businesses weighed on the overall result.”
Sergio Faifman, Chief Executive Officer of Loma Negra
“In dollar terms, EBITDA per ton improved meaningfully year-over-year, highlighting the strength of our cash generation even in a still-challenging demand environment.”
Sergio Faifman, Chief Executive Officer of Loma Negra
“We also continued to strengthen our balance sheet: net debt declined compared to the second quarter, bringing our Net Debt to LTM Adjusted EBITDA ratio to 1x.”
Sergio Faifman, Chief Executive Officer of Loma Negra
“Furthermore, after the close of the quarter, we successfully issued a US$ 150 million corporate bond to refinance upcoming structured debt maturities.”
Sergio Faifman, Chief Executive Officer of Loma Negra
“Looking ahead, we remain positive about the remainder of the year and will stay focused on preserving the efficiency gains we have achieved.”
BUENOS AIRES, Argentina, Nov. 5, 2026 /PRNewswire/ -- Loma Negra, (NYSE: LOMA; BYMA: LOMA), ("Loma Negra" or the "Company"), the leading cement producer in Argentina, today announced results for the three-month period ended September 30, 2026 (our "3Q26 Results").
3Q26 Key Highlights * Net sales revenues stood at Ps. 270,107 million (US$ 177 million), and decreased by 3.2% YoY, mainly explained by lower revenues in the Concrete segment, down 23.2%, together with a 1.8% decrease in the top line of the Cement segment. * Consolidated Adjusted EBITDA reached Ps. 54,189 million, decreasing by 6.7% YoY in pesos, while in dollars it reached US$ 42 million, up 16.2% from 3Q25. * The Consolidated Adjusted EBITDA margin stood at 20.1%, decreasing by 74 basis points YoY from 20.8%. * Net Profit of Ps. 14,482 million, compared to a net loss of Ps. 11,451 million in the same period of the previous year, mainly driven by a net financial gain in the quarter compared to a net financial loss in 3Q25. * Net Debt stood at Ps. 220,486 million (US$ 145 million), representing a Net Debt/LTM Adjusted EBITDA ratio of 1.00x, compared to 1.47x in FY25 and 1.30x reported in 2Q26. The Company has presented certain financial figures, Table 1b and Table 11, in U.S. dollars and Pesos without giving effect to IAS 29. The Company has prepared all other financial information herein by applying IAS 29.
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