Peru-based Cementos Pacasmayo reported an uptick in of 2.6 per cent in sales volumes of cement, concrete and precast in the fourth quarter of 2024, supported by improved bagged cement and public sector demand. Revenues increased by three per cent.
However, consolidated EBITDA fell by 8.7 per cent YoY to PEN142.5m, leading to a 3.5 percentage point YoY decrease in the consolidated EBITDA margin, which reached 27.1 per cent in the 4Q24.
The company's net income improved 39.3 per cent YoY to PEN50m, mainly due to the impairment loss of the company's vertical kilns that were included in the 2023 results.
