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The latest update is out from Cementos Pacasmayo SAA ( (CPAC) ).
Cementos Pacasmayo S.A.A. reported its consolidated results for the fourth quarter and full year 2024, showing a positive trend with a 2.6% increase in sales volume for Q4 2024, due to a boost in public sector demand and bagged cement. The company achieved a 1.4% revenue growth for 2024, despite a slight decline in yearly sales volume, attributed to a favorable sales mix and pricing strategy. Notably, the consolidated EBITDA reached a record S/ 549.3 million with a margin of 27.8%, underscoring operational efficiencies from a new kiln and improved raw material costs. Additionally, Cementos Pacasmayo emphasized its strategic focus on digital transformation and cybersecurity initiatives, enhancing operational efficiencies and innovation, which are expected to bolster future performance.
More about Cementos Pacasmayo SAA
Cementos Pacasmayo S.A.A. is a leading cement company serving the Peruvian construction industry. The company primarily produces cement, concrete, and precast materials, catering mainly to public sector demands and bagged cement sales.
YTD Price Performance: 3.40%
Average Trading Volume: 10,539
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $532.8M
For detailed information about CPAC stock, go to TipRanks’ Stock Analysis page.
