Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA) Q2 2024 Earnings Conference Call August 8, 2024 10:00 AM ET

Company Participants

Diego Jalón – Head-Investor Relations
Sergio Faifman – Chief Executive Officer
Marcos Gradin – Chief Financial Officer

Conference Call Participants

Alberto Valerio – UBS
Alejandra Obregon – Morgan Stanley

Operator

Good morning and welcome to the Loma Negra Second Quarter 2024 Conference Call And Webcast. All participants will be in a listen-only mode. [Operator Instructions] Also Mr. Sergio Faifman will be responding in Spanish immediately following an English translation. [Operator Instructions] Please note this event is being recorded.

I would now turn the conference over to Mr. Diego Jalón, Head of Investor Relations. Please Diego go ahead.

Diego Jalón

Thank you. Good morning and welcome to Loma Negra’s earnings conference call. By now, everyone should have access to our earnings press release and the presentation for today’s call, both of which were distributed yesterday after market close.

Joining me on the call this morning will be Sergio Faifman, our CEO and Vice President of the Board Of Directors; and our CFO, Marcos Gradin. Both of them will be available for the Q&A session.

Before we proceed, I would like to make the following Safe Harbor statements. Today’s call will contain forward-looking statements and I refer you to the forward-looking statements section of our earnings release and recent filing with the SEC. We assume no obligation to update or revise any forward-looking statements to reflect new or changed events or circumstances.

This conference call will also include discussion on non-GAAP financial measures. The full reconciliation of the corresponding financial measures is included in the earnings press release.

Now, I would like to turn the call over to Sergio.

Sergio Faifman

Thank you, Diego. Hello everyone, and thank you for joining us this morning. I would like to start my presentation by discussion, the highlights of the quarter. Then Marcos will take you through our market review and financial results. Following that, I will share some final remarks before opening the call to your questions.

Starting with Slide 2. We are glad to report another set of solid results after starting the year in a very challenging scenario with significant year-on-year volume and decline. Our business delivery in the second quarter and assessment EBITDA margin expansion, driven by our constant focus on profitability and cost control initiative. This demonstrates our strong capability for efficiency and flexibility in adapting the challenging scenarios.