Cementos Pacasmayo S.A.A. Announces Consolidated Results for First Quarter 2019

Cementos Pacasmayo S.A.A. and subsidiaries (NYSE: CPAC) (BVL: CPACASC1)
("the Companya?? or "Pacasmayoa??) a leading cement company serving the
Peruvian construction industry, announced today its consolidated results
for the first quarter ("1Q19a??) ended March 31, 2019. These results have
been prepared in accordance with International Financial Reporting
Standards ("IFRSa??) and are stated in nominal Peruvian Soles (S/).

1Q19 Financial and Operational Highlights:

(All comparisons are to 1Q18, unless otherwise stated)

Sales volume of cement, concrete and precast increased 5.4%
primarily due to increased sales volume of cement to the public sector
and in the city of Iquitos, which we begun to serve more aggressively
this quarter.

Revenues remained in line with 1Q18, despite the increase in
sales volume, mainly due to high prices in 1Q18, as well as decreased
sales of quicklime during this quarter.

Consolidated EBITDA of S/93.6 million, in line with 1Q18 and a
2.8% increase when compared to 4Q18.

Cement EBITDA margin of 30.0% in line with 1Q18, a 3.3
percentage point increase when compared to 4Q18.

Net income of S/ 30.1 million, a 1% increase mainly due to
lower expenses.


Cementos Pacasmayo will host a conference call onA Tuesday, April
30 2019,
A to discuss these results atA 11:30 a.m. Eastern
Time and 10:30 a.m. Lima Time.
See also:
Leave a comment
  • Latest
  • Read
  • Commented
Calendar Content
«    Апрель 2020    »