Loma Negra sees 30% decline in revenue for 2Q20
Argentina’s Loma Negra has announced a 30.1 per cent YoY decline in net revenue to ARS7453m (US$104m) in the second quarter of 2020. Consolidated adjusted EBITDA was also down 2...
Argentina
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Argentina reports 14% demand drop in July
In July 2020 Argentina’s cement market contracted by 13.5 per cent YoY to 865,869t but expanded by 8.5 per cent MoM, according to the country’s cement association, AFCP. The mar...
Holcim Argentina appoints new commercial director
Holcim Argentina has named Victor Mariaca as new commercial director. Mr Mariaca held previously commercial positions within Holcim, including regional commercial manager. He ha...
Argentine cement demand drops 7% YoY in June
Cement demand in Argentina has fallen 7.3 per cent YoY to 797,926t in June 2020, according to AFCP, the national cement association. However, MoM a 23 per cent advance was repor...
Argentina’s cement dispatches decline 33% in May
Cement consumption in Argentina decreased by 32.8 per cent in May 2020 to reach 648,562t, according to new data published by AFCP, the country’s cement association. In May 2019 ...
Argentina’s market contracts 55% in April
Cement consumption in Argentina dropped 55.2 per cent YoY and 19.7 per cent MoM in April 2020 to 403,652t from 900,938t in April 2019, according to the latest data by the countr...
Loma Negra reports 30% decline in revenue
Argentina’s Loma Negra has reported a 29.6 per cent fall in net revenue to ARS7.77bn (US$122m) in the first quarter of 2020, compared to ARS11bn in the year-ago period. The comp...
Argentina's cement market contracts 47% in March
Cement demand in Argentina fell 46.5 per cent to 502,541t in March 2020 when compared to March 2019 when consumption reached 940,167t, according to the country’s cement associat...
Loma Negra sees net profit advance 35% in 2019
Argentina’s Loma Negra has reported a 5.5 per cent YoY decline in revenue to ARS38.95bn (US$660m) for the full-year 2019 period, compared with ARS41.24bn in the previous year. H...
Argentine cement market contracts 25% in February
Cement demand in Argentina fell 25.4 per cent YoY ad 7.9 per cent MoM to 686,671t in February 2020, according to AFCP, the domestic cement association. There were no imports as ...