CPAC

4Q24 Financial Performance: Cementos Pacasmayo reported a 2.6% increase in sales volume and a 3.0% rise in revenues for the fourth quarter of 2024, but experienced an 8.7% decrease in consolidated EBITDA compared to the previous year.

2024 Overall Results: For the full year 2024, the company saw a 3.7% decline in sales volume while revenues increased by 1.4%, resulting in a 17.8% rise in net income due to operational efficiencies and higher prices.

CFO Transition Announcement: Cementos Pacasmayo's CFO, Mr. Manuel Ferreyros, will step down on March 31, 2025, after 17 years in the role, with a planned transition to ensure continuity in company strategy.

New CFO Appointment: Miss Ely Hayashi will succeed Mr. Ferreyros as CFO starting April 1, 2025, bringing her 20 years of experience at the company and close collaboration with the outgoing CFO.

Financial Performance: Cementos Pacasmayo reported a 19.9% increase in consolidated EBITDA for Q3 2024, reaching S/154.6 million, driven by operational efficiencies and favorable raw material costs, despite a 4.4% decrease in sales volume of cement, concrete, and precast materials.

Market Position: The company continues to lead the cement sector in Peru for nine consecutive years and has been recognized in the Top 10 of Merco's business and leadership ranking for the second year.

Dividend Announcement: Cementos Pacasmayo S.A.A. has approved a cash dividend of S/0.41 per share, totaling S/190,300,410.64, based on retained earnings from 2014 to 2023, with distribution scheduled for December 10, 2024.

Company Overview: Cementos Pacasmayo is a leading Peruvian cement company listed on the NYSE, specializing in the production and sale of cement and related materials, primarily serving the growing construction sector in Peru.

Stock Ratings Update: Validea's P/E/Growth Investor model, based on Peter Lynch's strategy, has upgraded several stocks including Cementos Pacasmayo SAA, Payoneer Global Inc, and Mach Natural Resources LP, reflecting improved fundamentals and valuations.

Company Descriptions: The article provides detailed descriptions of each company, highlighting their business operations and recent performance metrics that influenced the rating changes, indicating potential investment opportunities.

Financial Performance: Cementos Pacasmayo reported a 3.4% increase in revenues for Q2 2024, driven by strong sales in concrete and pavement related to the Piura airport project, alongside a 6% rise in consolidated EBITDA due to operational efficiencies and favorable raw material prices.

Social Responsibility Initiatives: The company is addressing housing challenges in Peru by replacing dirt floors with concrete in low-income homes and developing temporary housing solutions, while also launching an intelligent purchasing method to assist families in acquiring construction materials gradually.

Financial Performance: Cementos Pacasmayo reported a 3.4% increase in revenues for Q2 2024, driven by higher sales of concrete and precast materials, despite a 5.8% decrease in overall sales volume due to reduced demand for bagged cement. Consolidated EBITDA rose by 6.1% to S/119.5 million.

Operational Highlights: For the first half of 2024, revenues increased by 1.3%, while sales volume decreased by 6.5%. The company achieved an 8.1% rise in consolidated EBITDA to S/252.3 million, attributed to operational efficiencies from a new kiln and lower costs.

Earnings Release Date: Cementos Pacasmayo SAA Un will announce its Q2 earnings on July 22, with analysts predicting an EPS of $0.131, a decrease from $0.140 in the same quarter last year.

Sales Expectations: Analysts anticipate a 0.75% increase in sales year-over-year, projecting total sales of $120.4 million for the quarter and an average annual profit of $0.295 per share for the current fiscal year.

• Q1 EPS increased to S/0.12 from S/0.10 YoY.
• Sales for the quarter were reported at S/476.55M, down from S/479.99M YoY.