Loma Negra Compania Industrial Argentina Sociedad Anonima earnings date
Loma Negra Compania Industrial Argentina Sociedad Anonima (8LN) Q3 2026 Earnings Report
DE:8LN Q3 2026 EPS Results
- Actual EPS
- EUR 0.02
- Consensus EPS
- EUR 0.04
- Beat/Miss
- Missed by -EUR 0.03
- One Year Ago EPS
- -EUR 0.03
DE:8LN Q3 2026 Revenue Results
- Actual Revenue
- EUR 162.30M
- Expected Revenue
- EUR 110.30M
- Beat/Miss
- Beat by +EUR 52.00M
- YoY Revenue Growth
- +14.33%
Earnings Announcement Details
- Quarter
- Q3 2026
- Date
- 11/05/2026
- Time
- After Close
- Conference Call
- Thursday, November 5, 2026
Loma Negra Compania Industrial Argentina Sociedad Anonima's next earnings date is estimated for March 10, 2027, based on past reporting schedules.
Q3 2026 Earnings Call Audio
Q3 2026 Earnings Slide Deck
Q3 2026 Earnings Call Summary
The call presented a cautiously constructive outlook. Current operating trends were pressured by weak construction activity, heavy rainfall, lower volumes, revenue declines, higher SG&A, and negative margins in concrete and railroad. However, September's demand rebound, stronger cement pricing and margins, improved dollar EBITDA per ton, a net-income turnaround, more than doubled operating cash flow, reduced leverage, and the successful debt refinancing provided meaningful positives. Management also expressed optimism about RIGI-linked, oil and gas, and other large-scale projects supporting demand in 2027, although the recovery remains uneven and project timing is not fully defined.
Management said it is optimistic about the outlook for next year, with RIGI-related projects expected to gradually build demand as months go by; LOMA is participating in 7 tenders, many with periods of 24, 30 months, while the project with Pampa is around 300 thousand cubic meters of concrete, and volumes on days with good climate can differ by 15%, 20% from rainy days. Market expectation according to the central banks REM survey points to growth of 1.5% for 2026 and 2.5% for 2027. For pricing, management expects to consolidate its strategy and path with similar levels of prices, while seeking opportunities regarding fixed costs and variable cost to improve profitability; no exact figures in terms of tons and volumes were provided for RIGI for 2027.
- Improved September Industry DemandIndustry cement dispatches rebounded 4.5% year over year and 18% sequentially in September as more favorable weather supported activity, after July and August each declined 8.2% year over year.
- Resilient Cement ProfitabilityThe cement segment's adjusted EBITDA margin expanded 67 basis points year over year to 24.9%, primarily reflecting favorable pricing dynamics. Cement also slightly improved its margin year over year and sequentially despite the third quarter typically being its lowest-margin quarter due to seasonal costs.
- Higher Dollar EBITDA per TonConsolidated EBITDA per ton reached $32.5, up 24% year over year, highlighting the strength of cash generation despite the challenging demand environment.
- Dollar-Denominated EBITDA GrowthConsolidated adjusted EBITDA reached $42 million, up 16.2% year over year, although it declined 6.7% in pesos to Ps. 54.2 billion.
- Net Income TurnaroundNet income attributable to company owners was Ps. 15.2 billion, compared with a net loss of Ps. 11.3 billion in the third quarter of 2025. The improvement was primarily attributable to a net financial gain in the quarter compared with a financial loss in the prior-year period.
- Strong Operating Cash FlowCash flow from operating activities totaled Ps. 86.3 billion, more than doubling the Ps. 42.6 billion generated in the third quarter of 2025. The improvement was driven by favorable working-capital dynamics, including improved trade and other receivables, lower inventory levels, and higher tax payables.
- Balance Sheet StrengtheningNet debt fell to $145 million, or Ps. 220 billion, from the second quarter, and the net debt-to-adjusted EBITDA ratio declined to 1x from 1.39x a year earlier and 1.47x at the end of 2025.
- Successful Debt RefinancingOn October 22, the company issued a $150 million Class 7 corporate bond with a 30-month fixed tenure and a 6.25% interest rate. The transaction was described as very well received by the market, with proceeds intended mainly to refinance upcoming structured debt maturities, extend average debt maturity, and strengthen the debt profile.
- Aggregate Revenue GrowthAggregates revenue increased 3.7% year over year as stronger pricing and an improved sales mix more than offset a 16.1% contraction in volumes.
- Improved Concrete EBITDA MarginThe concrete segment's adjusted EBITDA margin improved to negative 4.6% from negative 6.8% in the third quarter of 2025, supported by better pricing.
- Railroad Service ResumptionHigher railroad volumes of chemicals and chips partially compensated for lower grain, frac sand, and aggregates shipments, supported by the resumption of services to Neuquen after repairs to the rail section in Bahia Blanca damaged by late-year storms.
- Lower Cost of Sales in Key SegmentsConsolidated cost of sales decreased 3% year over year, primarily reflecting lower costs in the cement and concrete segments. In cement, using clinker produced during warmer months, planned kiln shutdowns, and lower fuel, electricity, packaging, and contractor costs helped mitigate seasonal energy pressures.
- Potential RIGI-Linked DemandSeveral large-scale projects linked to the RIGI regime were described as moving from pending approval toward reality, with several already underway before year-end. Loma Negra is participating in seven significant tenders, many with 24- or 30-month periods, and the company expects the projects' contribution to demand to build gradually.
- Positive Outlook for Oil, Gas, and Selected ProjectsManagement said oil and gas-linked projects are advancing at an accelerated pace. The company is participating in a urea plant project and other tenders, while the cited project was estimated at approximately 300,000 cubic meters of concrete. Management said the combined effect of these projects and an economic recovery supports an optimistic outlook for 2027.
- Pricing DisciplineManagement said it remains focused on maintaining healthy pricing dynamics and strict cost discipline. It expects to consolidate its pricing strategy at similar price levels while continuing to seek fixed- and variable-cost opportunities to improve profitability.
- Lower Average Cost of Debt Maturity ProfileAt quarter end, average debt maturity was 1.2 years, with 91% of total debt denominated in U.S. dollars and the remainder in pesos. The subsequent bond issuance was intended to extend the average maturity of the debt.
DE:8LN Earnings History
| Report Date | Fiscal Quarter | Forecast / EPS | Last Year's EPS | EPS YoY Change | Press Release |
|---|---|---|---|---|---|
| Mar 10, 2027 | 2026 (Q4) | 0.06- | 0.03 | ― | ― |
| Nov 05, 2026 | 2026 (Q3) | 0.040.02 | -0.03 | 144.74% (+0.05) | |
| Aug 06, 2026 | 2026 (Q2) | 0.100.01 | 0 | 800.00% (+0.01) | |
| May 04, 2026 | 2026 (Q1) | 0.050.22 | 0.03 | 675.00% (+0.19) | |
| Mar 05, 2026 | 2025 (Q4) | 0.090.03 | 0.03 | 2.78% (+0.00) | |
| Nov 06, 2025 | 2025 (Q3) | 0.04-0.03 | 0.17 | -119.90% (-0.21) | |
| Aug 07, 2025 | 2025 (Q2) | 0.020.00 | 0.26 | -99.65% (-0.26) | |
| May 06, 2025 | 2025 (Q1) | ―0.03 | 0.27 | -89.19% (-0.24) | |
| Mar 06, 2025 | 2024 (Q4) | ―0.03 | -0.04 | 190.00% (+0.07) | |
| Nov 06, 2024 | 2024 (Q3) | ―0.17 | -0.06 | 365.28% (+0.24) |
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
