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Cementos Pacasmayo S.A.A. Announces Consolidated Results For Second Quarter 2013

Stocks in this article: CPAC

Cementos Pacasmayo S.A.A. and subsidiaries (NYSE: CPAC; BVL: CPACASC1) (“the Company” or “Cementos Pacasmayo”) a leading Peruvian cement company, announced today its consolidated results for the second quarter (“2Q13”) and six-month (“6M13”) periods ended June 30, 2013. These results have been prepared in accordance with International Financial Reporting Standards (“IFRS”) and are stated in nominal Peruvian Nuevos Soles (S/.).

Financial Highlights:

It is important to note the following highlights:

  • Cement sales volume increased 9.1% in 2Q13 compared to 2Q12
  • Gross profit increased from 37.0% in 2Q12 to 45.4% in 2Q13
  • Consolidated EBITDA increased 60.0% in 2Q13 compared to 2Q12 (S/. 91.5 million vs. S/. 57.2 million).
  • Consolidated EBITDA margin increased from 21.5% in 2Q12 to 31.0% in 2Q13
  • Operating profit increased 72.9% in 2Q13 compared to 2Q12
  • Net income decreased 21.7% in 2Q13 compared to 2Q12, mainly due to exchange rate fluctuations

For a full version of Cementos Pacasmayo’s Second Quarter 2013 Earnings Release, please visit http://www.cementospacasmayo.com.pe/investors/

CONFERENCE CALL INFORMATION:

Cementos Pacasmayo will host a conference call Wednesday, July 31, 2013, to discuss these results at 12:00 p.m. New York time/11:00 a.m. Lima time.

To participate, please dial:

              +1 800 311 9401 (From within the U.S.)
 
+1 334 323 7224 (International participants)
 

Passcode: 26737

There will also be a live Audio Webcast of this event available at:

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