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 com...
Loma Negra
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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. ...
Argentina remains optimistic
Argentina is facing more economic woes as inflation, interest rates, unemployment and the poverty rate continue to climb. But given the pressing need for both housing and infr...
Loma Negra plans to refinance US$40m debt
Argentina-based Loma Negra is looking to refinance the US$40m debt that requires repaying in January 2020. The loan was taken out at under seven per cent interest. The refina...
Loma Negra records 2% fall in revenue for the 9M19
Argentina's Loma Negra has recorded a 2.3 per cent fall in net revenue to ARS26.74bn (US$448m) in the first nine months of 2019, compared with ARS27.36bn in the year-ago period...
Loma Negra to hire 120 workers for L'Amali II
Argentine cement producer Loma Negra announced it will hire 120 workers for the new line at its US$350m L'Amalí II plant in Bonaerense de Olavarría, Argentina. Of the 120 new...
Loma Negra to shut Sierras Bayas plant
Argentine cement producer Loma Negra has announced it will close its Sierras Bayas plant, the oldest cement production facility in the country. The plant, which is a century ...
Loma Negra to turn San Juan plant into grinding and dispatch unit
Argentina's Loma Negra has announced that it will be converting its 400tpd integrated plant in San Juan into a grinding and cement dispatch facility. "In the plant no more ce...
Loma Negra sees 2% drop in 2Q revenue but EBITDA up
Argentina-based Loma Negra reported a 2.2 per cent YoY drop in 2Q net revenue to ARS7.47bn (US$165m) while consolidated adjusted EBITDA increased 7.1 per cent YoY to ARS1.929bn...
Loma Negra reports fire at L'Amalí plant
Argentina’s Loma Negra has reported that a fire broke out in an auxiliary building of the second line at its L'Amalí plant, Olavarría, last Thursday night. The line is still un...