Peru: Cementos Pacasmayo’s sales grew by 5.3% year-on-year to US$193m in the first half of 2019 from US$183m in the same period in 2018. Its consolidated earnings before interest, taxation, depreciation and amortisation (EBITDA) increased by 5% to US$57.1m from US$54.5m. Cement production at its three plants rose by 10.6% to 1.2Mt from 1.08Mt. The cement producer attributed the growth in sales to higher sales in the public sector, El Niño reconstruction spending and a revival of infrastructure projects.
Cementos Pacasmayo’s sales build in first half of 2019
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