Peru: Higher sales to the self-construction sector, medium-sized companies and the public sector have driven sales growth for Cementos Pacasmayo. Its sales grew by 3.1% year-on-year to US$274m in the first nine month of 2018 from US$266m in the same period in 2017. Its consolidated earnings before interest, taxation, depreciation and amortisation (EBITDA) increased by 5.1% to US$83m from US$79m.
Cement and clinker production grew by 2.4% to 1.69Mt and 14.7% to 1.30Mt respectively. The building materials producer also reported that quicklime production fell by 23.6% to 97,400t at its Pacasmayo plant due to reduced demand.
