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News Loma Negra publishes first-half 2023 results

Loma Negra publishes first-half 2023 results

Written by Global Cement staff 11 August 2023
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Argentina: Loma Negra’s sales dropped by 2.1% year-on-year to US$353m in the first half of 2023, from US$361m in the first half of 2022. The company’s cement and lime sales were 3.15Mt, in line with first-half 2022 volumes. Its adjusted earnings before interest, taxation, depreciation and amortisation (EBITDA) fell by 23% to US$86.8m, while its net profit dropped by 32% to US$31.1m from US$45.9m.

Last modified on 16 August 2023
Published in Global Cement News
Tagged under
  • Argentina
  • Loma Negra
  • Sales
  • volumes
  • Results
  • GCW621
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