EarningsQ2 2026 Earnings Report
DE:EPCC Q2 2026 EPS Results
Actual EPS€0.24
Consensus EPS€0.10
Beat/MissBeat by +€0.13
One Year Ago EPS€0.14
DE:EPCC Q2 2026 Revenue Results
Actual Revenue€145.88M
Expected Revenue€140.47M
Beat/MissBeat by +€5.41M
YoY Revenue Growth+23.05%
Earnings Announcement Details
QuarterQ2 2026
Date07/20/2026
TimeAfter Close
Conference CallMonday, July 20, 2026
DE:EPCC Upcoming Earnings
Cementos Pacasmayo SAA's next earnings date is estimated for October 28, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
DE:EPCC Q2 2026 Earnings Call
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Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call presents a strongly positive operational and financial story: robust volume growth, double-digit revenue increases, materially higher EBITDA and net income, margin expansion, disciplined cost control, improving leverage and clear sustainability and innovation milestones. Headwinds are manageable but notable: a small decline in cement gross margin due to input costs and maintenance, concentrated project-driven variability in the concrete segment (with some dependency on Yanacocha), higher year-to-date selling spend, and short-term risk from El Niño. Overall, positive execution and balance-sheet improvement outweigh the contained challenges.Company Guidance
Strong Volume and Revenue Growth
Total shipments rose 15.5% in Q2 and 13.6% for the first six months; Q2 revenue grew 15.4% to PEN 558.9 million and cumulative six-month revenue reached PEN 1,114.5 million, up 13.3% year-over-year.
Robust Profitability and Margin Expansion
Consolidated EBITDA for Q2 was PEN 174.8 million, up 34.3% year-over-year, expanding EBITDA margin by 4.4 percentage points to 31.3%. Six-month EBITDA rose 33.1% to PEN 352.7 million with a 31.6% margin. Net income for Q2 increased ~61% to PEN 77.2 million, with cumulative net income up 58.4% to PEN 159.2 million.
Cement Segment Leadership
Cement revenues (the primary driver) increased 19.5% in Q2 to PEN 469.5 million (86.3% of quarterly shipments) and reached PEN 935.9 million for the six months (+17.7% year-over-year), sustaining the company’s market leadership in northern Peru.
Margin Recovery in Concrete and Strong Precast Performance
Concrete/pavement/mortar gross margin improved substantially by 17.9 percentage points to 16.0% in Q2 (18.1 ppt to 16.2% for six months) reflecting a shift toward higher-margin specialized solutions (e.g., Yanacocha). Precast revenues rose 2.6% in Q2 to PEN 7.9 million and 3.6% for six months, with precast gross margin up 6.2 ppt to 10.1% in the quarter.
Cost Discipline and Lower Administrative Expenses
Administrative expenses decreased 7.5% in Q2 to PEN 65.1 million and 4.1% for the six months to PEN 134.6 million, driven mainly by lower personnel costs (personnel expenses reached PEN 35.5 million for six months).
Improving Leverage and Predictable CapEx
Net debt to EBITDA ratio declined to 2.32, aided by reduced financial expenses. Management expects sustaining CapEx around PEN 100 million per year.
Sustainability, Innovation and Talent Recognition
Received ICONTEC Perú verification for the 2025 organizational carbon footprint and a CONCYTEC tax benefit for an innovation project. Ranked in the top 15 of Merco Talento 2026 and #1 in the cement sector for talent (11th consecutive year); ran social programs (ALAS) and received CEO recognition among Peru’s most profitable leaders.
Operational Milestones and Project Pipeline
Executed technical solutions including prefabricated foundations above 5,000m for Yanacocha and secured specification for an additional 4.4 km of concrete sheet piles for the Piura Riverbank Defense Project; management expects increased activity from government infrastructure and El Niño prevention efforts.
DE:EPCC Earnings History
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.
Beat
Missed