GCC publishes Q3 2026 earnings call transcript
GCC•GCC reported third-quarter EBITDA of $148 million and sales of $433 million, down 1.2%, and lowered full-year EBITDA growth guidance to low single digits. It cut capital expenditure guidance to $220 million from $270 million and announced a $12-per-ton cement price increase effective January 1, 2027.
1. Results and guidance
GCC’s third-quarter 2026 earnings call featured CEO Enrique Escalante, finance chief Maik Strecker and investor relations head Sahory Ogushi. Quarterly EBITDA was $148 million, with margins narrowing to 34.3% from 35.9%, while sales fell 1.2% to $433 million. Management lowered full-year EBITDA growth guidance to low single digits, citing weather disruptions, and said US cement volumes should rise mid-single digits.
2. Spending and pricing
GCC reduced capital expenditure guidance to $220 million from $270 million, reflecting $50 million in savings on its Odessa expansion. Customers received notice of a $12-per-ton increase for construction and oil-well cement, effective January 1, 2027, to support margin recovery.
