Loma Negra 1Q26 EBITDA Margin Rises 94bps to 24.9%, Profit Up 44%
Loma Negra’s 1Q26 net sales reached Ps.218,739mn (US$149mn), up 1.1% YoY, while Consolidated Adjusted EBITDA rose 5.1% to Ps.54,566mn (US$45mn), lifting its margin by 94bps to 24.9%. Net profit jumped 44.2% to Ps.40,627mn and Net Debt/LTM EBITDA improved to 1.33x from 1.47x.
1. Financial Performance
In the quarter ended March 31, 2026, Loma Negra reported net sales of Ps.218,739 million (US$149 million), up 1.1% year-over-year, driven by a 0.8% increase in cement revenues. Consolidated Adjusted EBITDA climbed 5.1% in pesos to Ps.54,566 million (US$45 million), boosting the margin to 24.9%, while net profit surged 44.2% to Ps.40,627 million.
2. Volume Trends
Cement, masonry and lime volumes rose 1.8% YoY to 1.17 million tonnes, with bulk dispatches up on stronger industrial and construction demand. Concrete segment sales jumped 14.1%, railroad transport grew 14.8%, and aggregates fell 18.3% due to lower construction activity.
3. Leverage Position
Net Debt at quarter-end stood at Ps.259,407 million (US$186 million), yielding a Net Debt/LTM Adjusted EBITDA ratio of 1.33x, down from 1.47x a year earlier. Improved cash generation and stable debt management underpinned stronger financial flexibility.
4. CEO Commentary
Management highlighted a subdued start to the year followed by more robust activity in March, noting that implemented cost and efficiency actions are boosting per-ton EBITDA. As Loma Negra marks its centennial, the company remains optimistic about a sustained demand recovery and long-term growth opportunities.