Peru's Pacasmayo Cement Net Profit Up 58% to $46.8 Million in First Half of Year
2026-07-22 16:48
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en.Wedoany.com Reported - Cementos Pacasmayo S.A.A., a Peruvian cement company under the Holcim Group, announced its consolidated results for the first half and second quarter of 2026 on July 21, 2026. In the first half of 2026, the company's cement sales volume increased by 14% year-on-year, primarily driven by growth in bagged cement demand; operating revenue rose by 13% year-on-year, in line with the sales volume growth; consolidated EBITDA grew by 33% year-on-year to $103 million; net profit increased by 58% year-on-year to $46.8 million.

Cementos Pacasmayo S.A.A., a subsidiary of the Holcim Group in Peru, is headquartered in Lima, Peru, and is one of the largest cement producers in northern Peru, with operations covering the production and sale of cement, concrete, and building materials. The company serves the Peruvian construction market, with products widely used in residential, commercial, and infrastructure projects. The Holcim Group is a global leader in building materials solutions, headquartered in Switzerland, with operations spanning approximately 70 countries worldwide.

In the second quarter of 2026, the company's cement and concrete sales volume increased by 16% year-on-year, mainly driven by growth in bagged cement demand; operating revenue rose by 15% year-on-year, in line with the sales volume growth; consolidated EBITDA grew by 34% year-on-year to $51.5 million; net profit reached $22.7 million, up 62% year-on-year, primarily due to the increase in operating revenue.

The company stated that the growth in first-half performance was mainly attributed to the sustained increase in bagged cement demand, reflecting the active state of the Peruvian construction market. The growth in operating revenue aligned with the sales volume growth, indicating stable product pricing. The significant increase in net profit benefited from economies of scale driven by higher operating revenue. As a key operational entity of the Holcim Group in Peru, Cementos Pacasmayo's first-half performance growth reflects the continued demand for cement products in the Peruvian construction market. The company's increased market share in the bagged cement segment and improved operational efficiency have supported its enhanced profitability.

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