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RSS FeedsLoma Negra Reports 2Q18 Results
(WorldNews Argentina)

 
 

10 august 2018 01:18:00

 
Loma Negra Reports 2Q18 Results
(WorldNews Argentina)
 


Loma Negra Reports 2Q18 Results BUENOS AIRES, Argentina--(BUSINESS WIRE)-- Loma Negra (NYSE: LOMA) (BYMA: LOMA), (`Loma Negra` or the `Company`), the leading cement producer in Argentina, today announced results for the three and six-month periods ended June 30, 2018. 2Q18 Key Highlights Net revenue up 37.2% YoY to Ps.4,757 million (US$202 million) mainly driven by growth in core business Cement, masonry & lime in Argentina and Concrete Argentina Cement, masonry & lime net revenues up 33.4% despite relatively flat sales volumes Consolidated Adjusted EBITDA rose 26.9% YoY to Ps.1,153 million (US$49 million), mainly driven by the 36.6% increase in Adjusted EBITDA from the Cement, masonry, and...


 
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