Peruvian Cement Sales Keep Falling, Cementos Pacasmayo Is Still Not An Opportunity
Cementos Pacasmayo S.A.A. is a leading cement manufacturer from Peru. The company has a quasi-monopoly in the north of the country. Cement has been on a negative trend in Peru for three years. This has affected Pacasmayo, albeit the company enjoys a large infrastructure project. Pacasmayo's margins are improving thanks to material costs and new capacity added, despite the fall in volumes.
Cementos Pacasmayo S.A.A. (CPAC) Q2 2024 Earnings Call Transcript
Cementos Pacasmayo S.A.A. (NYSE:CPAC ) Q2 2024 Earnings Conference Call July 23, 2024 10:30 AM ET Company Participants Claudia Bustamante - Sustainability and Investor Relations Manager Humberto Nadal - Chief Executive Officer Manuel Ferreyros - Chief Financial Officer Conference Call Participants Marcelo Furlan - Itaú Natalia Leo - JPMorgan Operator Good morning, ladies and gentlemen.
