Cementos Pacasmayo S.A.A. Announces Consolidated Results for Third Quarter
LIMA, Peru -- October 30, 2012
Cementos Pacasmayo S.A.A. and subsidiaries (NYSE: CPAC; BVL: CPACASC1) (“the
Company” or “Cementos Pacasmayo”) a leading Peruvian cement company, announced
today its consolidated results for the third quarter (“3Q12”) and first nine
months (“9M12”) ended September 30, 2012. These results have been prepared in
accordance with International Financial Reporting Standards (“IFRS”) and are
stated in nominal Peruvian nuevos soles (S/.).
It is important to note the following highlights:
*Cement sales volume increased 17.5% during 9M12 compared to the same
period of 2011
*Net Income in 3Q12 increased 56.9% compared to 2Q12 (S/. 46.9 million vs.
*Consolidated EBITDA in 3Q12 increased 33.6% compared to 2Q12 (S/. 76.4
million vs. 57.2 million)
3Q12 versus 3Q11:
*Sales of goods increased S/. 49.6 million (19.0%)
*Gross profit rose S/. 13.5 million (12.6%)
*Consolidated adjusted EBITDA increased S/. 13.1 million (20.7%)
*Cement EBITDA increased S/. 15.8 million (24.7%)
For a full version of Cementos Pacasmayo’s Third Quarter 2012 Earnings
Release, please visit http://www.cementospacasmayo.com.pe.
CONFERENCE CALL INFORMATION:
Cementos Pacasmayo will host a conference call tomorrow, Tuesday, October 30,
2012, to discuss these results at 11:30 am New York time/10:30 am Lima time.
To participate, please dial:
+1 800 311 9401 (From within the U.S.)
+1 334 323 7224 (International participants)
There will also be a live Audio Webcast of this event available at:
About Cementos Pacasmayo S.A.A.
Cementos Pacasmayo S.A.A. is a leading Peruvian cement company, and the only
cement manufacturer in the Northern region of Peru. In February 2012, the
Company’s shares were listed on The New York Stock Exchange - Euronext under
the ticker symbol "CPAC". With more than 54 years of operating history, the
Company produces, distributes and sells cement and cement-related materials,
such as concrete blocks and ready-mix concrete. Cementos Pacasmayo’s products
are primarily used in construction, which has been one of the fastest-growing
segments of the Peruvian economy in recent years. The Company also produces
and sells quicklime for use in mining operations.
For more information, please visit:
Note on Forward-Looking Statements
This press release may contain forward-looking statements. These statements
are statements that are not historical facts, and are based on management’s
current view and estimates of future economic circumstances, industry
conditions, Company performance and financial results. Also, certain
reclassifications have been made to make figures comparable for the periods.
The words “anticipates”, “believes”, “estimates”, “expects”, “plans” and
similar expressions, as they relate to the Company, are intended to identify
forward-looking statements. Statements regarding the declaration or payment of
dividends, the implementation of principal operating and financing strategies
and capital expenditure plans, the direction of future operations and the
factors or trends affecting financial condition, liquidity or results of
operations are examples of forward-looking statements. Such statements reflect
the current views of management and are subject to a number of risks and
uncertainties. There is no guarantee that the expected events, trends or
results will actually occur. The statements are based on many assumptions and
factors, including general economic and market conditions, industry
conditions, and operating factors. Any changes in such assumptions or factors
could cause actual results to differ materially from current expectations.
Manuel Ferreyros, CFO
Ignacio Martinelli, IR Analyst
Cementos Pacasmayo Investor Relations
Tel: (511) 317-6000 ext. 2367
In New York:
Rafael Borja / Melanie Carpenter
i‐advize Corporate Communications, Inc.
Tel: (212) 406-3693
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