Cementos Pacasmayo S.A.A., a cement company, produces, distributes, and sells cement and cement-related materials in Peru. The company operates in three segments: Cement, Concrete and Precast; Quicklime; and Sales of Construction Supplies. It produces cement for various uses, such as residential and commercial construction, and civil engineering; ready-mix concrete used in construction sites; concrete precast, such as paving units or paver stones for pedestrian walkways, as well as other bricks for partition walls and concrete precast for structural and non-structural uses; and cement based products. The company also produces and distributes quicklime for use in steel, food, fishing, chemical, mining, agriculture, and other industries. In addition, it distributes other construction materials manufactured by third parties, such as steel rebars, cables, and pipes. As of March 31, 2021, the company operates a network of 269 independent retailers and 405 hardware stores. It also sells its cement products directly to other retailers, private construction companies, and government entities. The company was incorporated in 1949 and is headquartered in Lima, Peru. Cementos Pacasmayo S.A.A. is a subsidiary of Inversiones ASPI S.A.
IPO Year:
Exchange: NYSE
Website: cementospacasmayo.com.pe
| 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)
6-K - CEMENTOS PACASMAYO SAA (0001221029) (Filer)
6-K - CEMENTOS PACASMAYO SAA (0001221029) (Filer)
6-K - CEMENTOS PACASMAYO SAA (0001221029) (Filer)
6-K - CEMENTOS PACASMAYO SAA (0001221029) (Filer)
20-F - CEMENTOS PACASMAYO SAA (0001221029) (Filer)
6-K - CEMENTOS PACASMAYO SAA (0001221029) (Filer)
6-K - CEMENTOS PACASMAYO SAA (0001221029) (Filer)
6-K - CEMENTOS PACASMAYO SAA (0001221029) (Filer)
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
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
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 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
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 November 7, 2023 approved a cash dividend of S/ 0.41 per common and investment share, which represents a total of S/190,300,410.63 related to retained earnings as of December 31, 2014, and the results from 2015 to 2022, in accordance with what was authorized at the Annual Shareholder's Meeting held on March 24, 2023. The dividends to be distributed correspond to the accumulated results as of December 31, 2014 and for the years 2015 to 2022, according to the following chart 2014 2015 2016 20
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 ("3Q23") and the nine months of the year ("9M23"). These results have been prepared in accordance with International Financial Reporting Standards ("IFRS") and are stated in Peruvian Soles (S/). 3Q23 FINANCIAL AND OPERATIONAL HIGHLIGHTS: (All comparisons are to 3Q22, unless otherwise stated) Revenues decreased 6.7%, mainly due to a contraction in demand, which affected the self-construction segment, as well as a stagnation in public investment. However,
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 ("2Q23") and the first six months of the year ("6M23"). These results have been prepared in accordance with International Financial Reporting Standards ("IFRS") and are stated in nominal Peruvian Soles (S/). 2Q23 FINANCIAL AND OPERATIONAL HIGHLIGHTS: (All comparisons are to 2Q22, unless otherwise stated) Revenues decreased by 12.1%, mainly due to decreased demand, particularly in April, in the aftermath of severe rainfall in our area of influence, whic
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
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
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 November 7, 2023 approved a cash dividend of S/ 0.41 per common and investment share, which represents a total of S/190,300,410.63 related to retained earnings as of December 31, 2014, and the results from 2015 to 2022, in accordance with what was authorized at the Annual Shareholder's Meeting held on March 24, 2023. The dividends to be distributed correspond to the accumulated results as of December 31, 2014 and for the years 2015 to 2022, according to the following chart 2014 2015 2016 20
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 ("3Q23") and the nine months of the year ("9M23"). These results have been prepared in accordance with International Financial Reporting Standards ("IFRS") and are stated in Peruvian Soles (S/). 3Q23 FINANCIAL AND OPERATIONAL HIGHLIGHTS: (All comparisons are to 3Q22, unless otherwise stated) Revenues decreased 6.7%, mainly due to a contraction in demand, which affected the self-construction segment, as well as a stagnation in public investment. However,
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 ("2Q23") and the first six months of the year ("6M23"). These results have been prepared in accordance with International Financial Reporting Standards ("IFRS") and are stated in nominal Peruvian Soles (S/). 2Q23 FINANCIAL AND OPERATIONAL HIGHLIGHTS: (All comparisons are to 2Q22, unless otherwise stated) Revenues decreased by 12.1%, mainly due to decreased demand, particularly in April, in the aftermath of severe rainfall in our area of influence, whic
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 ("1Q23"). These results have been prepared in accordance with International Financial Reporting Standards ("IFRS") and are stated in nominal Peruvian Soles (S/). 1Q23 FINANCIAL AND OPERATIONAL HIGHLIGHTS: (All comparisons are to 1Q22, unless otherwise stated) Revenues decreased 8.6%, mainly due to the impact of cyclone Yaku, causing severe rainfall in our area of influence, affecting our ability to ship cement for some days in March. Nonetheless, if we
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 ("4Q22") and the full year ("2022") ended December 31, 2022. These results have been prepared in accordance with International Financial Reporting Standards ("IFRS") and are stated in nominal Peruvian Soles (S/). 4Q22 FINANCIAL AND OPERATIONAL HIGHLIGHTS: (All comparisons are to 4Q21, unless otherwise stated) Revenues increased 1.7%, mainly due to an increase in average prices of bagged cement, as inflationary pressures have affected our costs of raw mate