Date | Price Target | Rating | Analyst |
---|---|---|---|
8/21/2024 | Neutral → Underweight | JP Morgan |
JP Morgan downgraded Cementos Pacasmayo from Neutral to Underweight
6-K - CEMENTOS PACASMAYO SAA (0001221029) (Filer)
6-K - CEMENTOS PACASMAYO SAA (0001221029) (Filer)
20-F - CEMENTOS PACASMAYO SAA (0001221029) (Filer)
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 second quarter ("2Q24") and the first six months of the year ("6M24"). These results have been prepared in accordance with International Financial Reporting Standards ("IFRS") and are stated in Soles (S/). 2Q24 FINANCIAL AND OPERATIONAL HIGHLIGHTS: (All comparisons are to 2Q23, unless otherwise stated) Revenues increased by 3.4%, mainly due to sales mix, as concrete and precast sales increased because of sales for the Piura airport project and the recovery of public
Cementos Pacasmayo S.A.A. and subsidiaries (NYSE:CPAC, BVL: CPACASC1))) ("the Company" or "Pacasmayo") a leading cement company serving the Peruvian construction industry, has filed its annual report for the fiscal year ended December 31, 2023 on Form 20-F with the U.S. Securities and Exchange Commission (the "SEC"). The 2023 Annual Report and audited financial statements can be accessed by visiting either the SEC's website at www.sec.gov, or on the Company's website at www.cementospacasmayo.com.pe. Should you require a hard copy of the complete annual audited financial statements, please contact Gonzalo Peralta Via email at [email protected] with your name and mailing address. Vie
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 first quarter ("1Q24"). These results have been prepared in accordance with International Financial Reporting Standards ("IFRS") and are stated in Soles (S/). 1Q24 FINANCIAL AND OPERATIONAL HIGHLIGHTS: (All comparisons are to 1Q23, unless otherwise stated) Consolidated EBITDA of S/132.8 million, a 10.0% increase, mainly due to lower costs and operational efficiencies as we discontinued the use of imported clinker and used our new and more efficient kiln. Consolida
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 second quarter ("2Q24") and the first six months of the year ("6M24"). These results have been prepared in accordance with International Financial Reporting Standards ("IFRS") and are stated in Soles (S/). 2Q24 FINANCIAL AND OPERATIONAL HIGHLIGHTS: (All comparisons are to 2Q23, unless otherwise stated) Revenues increased by 3.4%, mainly due to sales mix, as concrete and precast sales increased because of sales for the Piura airport project and the recovery of public
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 first quarter ("1Q24"). These results have been prepared in accordance with International Financial Reporting Standards ("IFRS") and are stated in Soles (S/). 1Q24 FINANCIAL AND OPERATIONAL HIGHLIGHTS: (All comparisons are to 1Q23, unless otherwise stated) Consolidated EBITDA of S/132.8 million, a 10.0% increase, mainly due to lower costs and operational efficiencies as we discontinued the use of imported clinker and used our new and more efficient kiln. Consolida
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 ("4Q23") and for the year ("2023") ended December 31, 2023. These results have been prepared in accordance with International Financial Reporting Standards ("IFRS") and are stated in Soles (S/). 4Q23 FINANCIAL AND OPERATIONAL HIGHLIGHTS: (All comparisons are to 4Q22, unless otherwise stated) Adjusted EBITDA was S/156.1 million, a 29.0% increase, mainly due to operational efficiencies derived from our new kiln in Pacasmayo, as well as decreased costs of