Cementos Pacasmayo Reports Strong Q3 2026 Growth Driven by Cement Sales and Cost Efficiencies
Cementos Pacasmayo (CPAC) delivered robust third-quarter 2026 financial results, characterized by a 16.3% year-over-year revenue increase to PEN 667.4 million. The company saw significant profitability expansion, with consolidated EBITDA rising 45.1% to PEN 233.1 million and net income surging 69.8%. This growth was primarily fueled by higher sales volumes in the cement segment and improved margins resulting from lower electricity rates via a new long-term energy contract. While the concrete, pavement, and mortar segment experienced a revenue decline of 19.7% due to the completion of major infrastructure projects, gross margins for that unit expanded significantly through disciplined commercial strategies. Looking ahead, management maintains a healthy balance sheet with a net debt-to-EBITDA ratio of 2x and is navigating early-stage integration with Holcim while monitoring potential weather risks from El Niño.
Tickers: $CPAC
Topics: EBITDA expansion net income increase operating margins revenue growth segment performance