JP Morgan downgraded Cementos Pacasmayo from Neutral to Underweight
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/21/2024 | Neutral → Underweight | JP Morgan |
In accordance with the Company's bylaws and the General Corporations Law, the shareholders of CEMENTOS PACASMAYO S.A.A. are hereby summoned to the Annual Shareholders' Meeting to be held on first call, on March 24, 2025, at 9:00 a.m., at the Company's domicile located at Calle de la Colonia No. 150, Urb. m. at the corporate domicile located at Calle la Colonia No. 150, Urb. El Vivero, Surco, Lima, Peru and on second call, on March 31, 2025, at the same time and place with the purpose of submitting for consideration of the Meeting the following: Statement on Social Management and economic results (integrated annual report, external audit report and financial statements for fiscal year 202
Cementos Pacasmayo S.A.A. and subsidiaries (NYSE:CPAC, BVL: CPACASC1)) ("the Company" or "Pacasmayo") a leading cement company serving the Peruvian construction industry, announced today its consolidated results for the fourth quarter ("4Q24") and for the year ("2024") ended December 31, 2024. These results have been prepared in accordance with International Financial Reporting Standards ("IFRS") and are stated in Soles (S/). 4Q24 FINANCIAL AND OPERATIONAL HIGHLIGHTS: (All comparisons are to 4Q23, unless otherwise stated) Sales volume of cement, concrete and precast increased by 2.6%, mainly due to an increase in bagged cement and public sector demand. Revenues increased by 3.0%, in
Cementos Pacasmayo S.A.A. (NYSE:CPAC, BVL: CPACASC1)) ("the Company" or "Cementos Pacasmayo") announced today that following the succession process initiated two years ago, the Company's CFO. Mr. Manuel Ferreyros, CFO since 2008 will be stepping down on March 31, 2025. "We are profoundly grateful for Manuel's commitment, professionalism and dedication over the past 17 years. He embodies all the values we stand for. His transition has been meticulously planned, ensuring that his successor is well-prepared to carry forward the company strategy. We extend our heartfelt wishes to Manuel for continued success in his future endeavors," said Humbert Nadal, CEO. Mr. Ferreyros expressed his conf
6-K - CEMENTOS PACASMAYO SAA (0001221029) (Filer)
6-K - CEMENTOS PACASMAYO SAA (0001221029) (Filer)
6-K - CEMENTOS PACASMAYO SAA (0001221029) (Filer)
In accordance with the Company's bylaws and the General Corporations Law, the shareholders of CEMENTOS PACASMAYO S.A.A. are hereby summoned to the Annual Shareholders' Meeting to be held on first call, on March 24, 2025, at 9:00 a.m., at the Company's domicile located at Calle de la Colonia No. 150, Urb. m. at the corporate domicile located at Calle la Colonia No. 150, Urb. El Vivero, Surco, Lima, Peru and on second call, on March 31, 2025, at the same time and place with the purpose of submitting for consideration of the Meeting the following: Statement on Social Management and economic results (integrated annual report, external audit report and financial statements for fiscal year 202
JP Morgan downgraded Cementos Pacasmayo from Neutral to Underweight
Cementos Pacasmayo S.A.A. and subsidiaries (NYSE:CPAC, BVL: CPACASC1)) ("the Company" or "Pacasmayo") a leading cement company serving the Peruvian construction industry, announced today its consolidated results for the fourth quarter ("4Q24") and for the year ("2024") ended December 31, 2024. These results have been prepared in accordance with International Financial Reporting Standards ("IFRS") and are stated in Soles (S/). 4Q24 FINANCIAL AND OPERATIONAL HIGHLIGHTS: (All comparisons are to 4Q23, unless otherwise stated) Sales volume of cement, concrete and precast increased by 2.6%, mainly due to an increase in bagged cement and public sector demand. Revenues increased by 3.0%, in
Cementos Pacasmayo S.A.A. and subsidiaries (NYSE:CPAC, BVL: CPACASC1)) ("the Company" or "Pacasmayo") a leading cement company serving the Peruvian construction industry, announced today its consolidated results for the third quarter ("3Q24") and the nine months of the year ("9M24"). These results have been prepared in accordance with International Financial Reporting Standards ("IFRS") and are stated in Peruvian Soles (S/). 3Q24 FINANCIAL AND OPERATIONAL HIGHLIGHTS: (All comparisons are to 3Q23, unless otherwise stated) Consolidated EBITDA of S/154.6 million, a 19.9% increase, mainly due to operational efficiencies related to our new kiln and more favorable raw material costs. Consol
Cementos Pacasmayo S.A.A. (NYSE:CPAC, BVL: CPACASC1))) ("the Company" or "Cementos Pacasmayo") announced today that the Company's Board of Directors in its session held on October 28, 2024 approved a cash dividend of S/ 0.41 per common and investment share, which represents a total of S/190,300,410.64 related to retained earnings as of December 31, 2014, and the results from 2015 to 2023, in accordance with what was authorized at the Annual Shareholder's Meeting held on March 21, 2024. The dividends to be distributed correspond to the accumulated results as of Decemeber 31, 2014 and for the years 2015 to 2023, according to the following chart 2014 2015 2016 2017 2018