LOMA Loma Negra Compania Industrial Argentina Sociedad Anonima

BEARISH Impact: 7/10 20-F
Horizon months Filed Apr 28, 2026 Processed 1mo ago SEC 0001711375-26-000030
Notable filing: 20-F
Latest settled — T+20d ⚠ clustered
LOMA ▲ +8.01% at T+20d
SHORT call ✗ call lost -8.01% · α vs SPY -1.96% · entry $10.86 → $11.73
Next anchor: T+60d in 6w
Last close $10.99 (close Jun 8) · -1.20% from $10.86 entry (call sign-flipped)
Entry anchored
Apr 28, 2026
via day open
T+1d
+1.66%
call -1.66% · α -0.63%
$11.04
settled 6w ago
T+5d
+7.73%
call -7.73% · α -4.62%
$11.70
settled 5w ago
T+20d
+8.01%
call -8.01% · α -1.96%
$11.73
settled 14d ago
T+60d
call — · α —
in 6w

Price Chart

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Executive Summary

Loma Negra's FY2025 annual report reveals a sharp deterioration: revenue fell 7.8% to Ps. 848,087 million and net profit plunged 88.7% to Ps. 22,821 million, with gross margin contracting 493bps to 21.8%. The decline was driven by softer pricing in cement (-11.9%) and concrete (-24%), partially offset by volume gains. Additionally, the indirect controlling shareholder's judicial reorganization was confirmed, introducing new shareholders and a potential sale process for the company's shares, adding ownership uncertainty.

Actionable Insight

The significant drop in profitability and margin compression signal weakening pricing power and cost pressures. Traders should monitor cement demand trends in Argentina and the outcome of the potential sale process for the controlling stake, which could create volatility. The company's ability to manage costs and leverage volume recovery will be key for any near-term catalyst.

Key Facts

  • Revenue decreased 7.8% to Ps. 848,087 million in 2025 from Ps. 919,761 million in 2024.
  • Net profit dropped 88.7% to Ps. 22,821 million from Ps. 202,094 million.
  • Gross margin contracted from 26.7% to 21.8%.
  • Cement, masonry & lime average price fell 11.9% despite 2.5% volume increase.
  • Concrete average price fell 24.0% despite 42.7% volume increase.
  • Net debt increased to Ps. 266,492 million from Ps. 213,567 million.
  • Indirect controlling shareholder's judicial reorganization plan confirmed in December 2025, with new shareholders and potential sale of Loma Negra shares.
  • Issued US$112.9 million Class 5 corporate bonds at 8% in July 2025.

Financial Impact

Revenue down Ps. 71.7 billion, net profit down Ps. 179.3 billion year-over-year.

revenuenet profitgross marginaverage selling pricesnet debt

Risk Factors

  • Continued macroeconomic instability in Argentina (inflation, FX controls, recession risk).
  • Uncertainty from the indirect controlling shareholder's restructuring and potential sale process.
  • Further cement price erosion if demand softens or competition intensifies.
  • Regulatory risks including railway concession expiration and environmental compliance costs.

Market Snapshot

Exchange
NYSE
Sector
Cement, Hydraulic
Analyst Consensus
89% bullish (9 analysts)

Documents Analyzed

This report is based on 9 SEC documents filed with EDGAR.

DocumentAccession Number
20-F Filing (Primary)0001711375-26-000030
Document: loma-2024xex22xdescription.htm0001711375-26-000030
Document: loma-202520fxex1212025.htm0001711375-26-000030
Document: loma-202520fxex1222025.htm0001711375-26-000030
Document: loma-202520fxex1312025.htm0001711375-26-000030
Document: loma-202520fxex1512025.htm0001711375-26-000030
Document: 0001711375-26-000030-index-headers.html0001711375-26-000030
Document: 0001711375-26-000030-index.html0001711375-26-000030
Document: 0001711375-26-000030.txt0001711375-26-000030
7 reports for LOMA
Performance horizon
Filters
Rows
Reports for LOMA — sortable, filterable
Type Now
May 8, 2026
4w ago
6-K
NEUTRAL ★ 5/10
$11.02 $11.14▲ +1.09%▲ +1.07%$10.99 (−0.27%)
May 5, 2026
5w ago
6-K
NEUTRAL ★ 4/10
$11.70 $11.30▼ −3.42%▼ −6.20%$10.99 (−6.07%)
May 4, 2026
5w ago
6-K
MIXED ★ 5/10
$11.29 $11.53▲ +2.13%▼ −2.83%$10.99 (−2.66%)
Apr 28, 2026
6w ago
20-F
BEARISH ★ 7/10
$10.86 $11.73▼ −8.01%▼ −1.96%$10.99 (−1.20%)
Apr 24, 2026
6w ago
6-K
NEUTRAL ★ 3/10
$11.12 $11.29▲ +1.53%▼ −2.50%$10.99 (−1.17%)
Apr 6, 2026
9w ago
6-K
NEUTRAL ★ 4/10
$11.46 $10.47▼ −8.64%▼ −17.62%$10.99 (−4.10%)
Apr 1, 2026
10w ago
6-K
NEUTRAL ★ 2/10
$11.09 $10.86▼ −2.07%▼ −11.80%$10.99 (−0.90%)
Showing 7 of 7

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