Loma Negra Compania Industrial Argentina Sociedad Anonima ADR reports Q2 results with non-GAAP EPS $0.01 (+1620% YoY) on revenue $159.1M (+21% YoY), EPS misses, revenue beats
- 2Q26 net profit jumped to Ps. 7.0 billion as net sales grew 2.1% YoY to Ps. 238.1 billion.
- Adjusted EBITDA declined 2.5% in 2Q26 to Ps. 48.2 billion.
BackgroundFounded in 1926, Loma Negra is Argentina’s top cement, masonry cement, aggregates, concrete, and lime producer (market share around 45% at the time). It was controlled by Brazil’s InterCement (part of Camargo Correa) before the IPO. Proceeds primarily went to the parent for debt reduction, with some used for capacity expansion (e.g., the L’Amali plant).
Loma Negra C.I.A.S.A. (NYSE: LOMA; BYMA: LOMA), Argentina’s leading cement producer, completed its IPO in late October/early November 2017.
