Loma Negra Reports Strong 1Q26 Profit Rebound and Improved Debt Metrics; Controlling Shareholder Restructuring Finalized

summarizeSummary

Loma Negra reported a 44.2% increase in 1Q26 net profit and an 11.5% rise in Adjusted EBITDA (USD), alongside an improved debt ratio, while its indirect controlling shareholder finalized a restructuring that could lead to a future equity sale.

check_boxKey Events

• Strong 1Q26 Profit Rebound

  Net Profit increased by 44.2% year-over-year to Ps. 40.6 billion (US$34 million) in 1Q26, driven by higher financial gains and improved operational performance.

• EBITDA Growth and Margin Expansion

  Consolidated Adjusted EBITDA grew by 11.5% year-over-year in U.S. dollars to US$45 million, with the Adjusted EBITDA margin expanding by 94 basis points to 24.9%.

• Improved Debt Profile

  The Net Debt to LTM Adjusted EBITDA ratio improved to 1.33x as of March 31, 2026, down from 1.47x at the end of FY25, indicating stronger financial health.

• Controlling Shareholder Restructuring Finalized

  The judicial reorganization plan for Intercement Participações (ICP), the indirect controlling shareholder, has been finalized, resulting in a modified shareholding structure for ICP.

auto_awesomeAnalysis

Loma Negra's 1Q26 results demonstrate a significant turnaround in profitability, with net profit surging 44.2% year-over-year, contrasting sharply with the substantial decline reported for FY25. This strong performance, coupled with an 11.5% increase in Adjusted EBITDA (in USD) and an improved Net Debt to LTM Adjusted EBITDA ratio, signals a positive shift in the company's operational and financial health. The finalization of the indirect controlling shareholder's restructuring removes a layer of uncertainty and introduces the potential for a future sale of Loma Negra's equity, which could lead to new strategic directions or ownership. Investors should monitor the company's ability to sustain this operational momentum and any developments regarding the potential sale of equity by ICP.