Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA) Q3 2024 Results Conference Call November 7, 2024 11:00 AM ET

Company Participants

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

Conference Call Participants

Marina Mertens - Latin Securities
Marcelo Furlan - Itau BBA
Esteban Arietta - Balanz
Daniel Rojas - Bank of America

Operator

Good morning, and welcome to the Loma Negra Third Quarter 2024 Conference Call and webcast. All participants will be in a listen-only mode. [Operator Instructions]. After today’s presentation, there will be an opportunity to ask questions. Also Mr. Sergio Faifman will be responding in Spanish immediately following an English translation. [Operator Instructions] Please note that this event is being recorded.

I would now like to turn the conference over to Mr. Diego Jalon, Head of IR. 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 filings 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 discussing the highlights of the quarter. Then Marco will take you through our market review and financial results. Following that, I will share some final remarks before opening the call to our questions.

Starting with Slide 2. We are pleased to present Loma Negra third quarter results. This quarter, industry volume showed a strong sequential improvement, increasing by 25%, while still below last year level. The steady recovery in activity indicates that we moved past the most challenging period.