0001711375-26-000038
SEC filingLoma Negra reported unaudited consolidated net profit of ARS 40,626,543 (thousands) for the quarter ended March 31, 2026, up from ARS 28,178,426 (thousands) in the same quarter of 2025, driven by higher net revenues and improved financial results despite increased depreciation and operating expenses.
Loma Negra’s Q1 2026 financial performance reflects a significant rebound in profitability, with net income increasing 44.2% year-over-year to ARS 40.6 million (thousands), primarily driven by a reversal in foreign exchange impact: net exchange rate differences improved by ARS 23.4 million (thousands) compared to Q1 2025, shifting from a loss of ARS 11.4 million (thousands) to a gain of ARS 12.0 million (thousands). Financial results, net—comprising exchange differences, monetary position gains, and interest items—contributed ARS 32.2 million (thousands) to pre-tax profit, up sharply from ARS 12.4 million (thousands) in the prior-year quarter. While net revenues grew modestly (+1.1% YoY), gross profit edged down slightly due to higher cost of sales, suggesting persistent input cost pressures. Selling and administrative expenses declined YoY, supporting operating leverage. Operationally, the Group generated ARS 19.7 million (thousands) in operating cash flow—a stark improvement from a use of ARS 1.8 million (thousands) in Q1 2025—driven by favorable changes in trade receivables, accounts payable, and advances from customers. The balance sheet strengthened materially: cash and cash equivalents more than tripled to ARS 46.4 million (thousands) as of March 31, 2026, fueled by net financing inflows of ARS 16.0 million (thousands), including proceeds from borrowings and corporate bonds. No forward guidance or capital return actions were disclosed in the filing.