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Holcim (Argentina) (HARG) investor relations material
Holcim (Argentina) Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
H1 2026 revenue was ARS250,212m; higher cost of sales reduced gross profit to ARS40,606m and the period ended with an ARS19,315m net loss.
Operating result swung to an ARS41,852m loss from ARS5,745m income in H1 2025; Q2 net loss was ARS15,246m versus ARS199m income a year earlier.
Financial highlights
H1 revenue declined to ARS250,212m from ARS260,391m YoY; cost of sales increased to ARS209,606m from ARS188,763m.
H1 gross profit was ARS40,606m versus ARS71,628m; distribution and selling costs rose to ARS63,533m from ARS55,739m.
H1 net loss was ARS19,315m versus net income of ARS2,023m; monetary position gain was ARS38,916m versus ARS24,502m.
Q2 revenue was ARS127,620m versus ARS130,128m; gross profit fell to ARS16,705m from ARS39,799m, and operating loss was ARS24,937m.
Outlook and guidance
Cement, aggregate and concrete demand is seasonal; sales usually rise slightly from August to November, subject to weather variability.
- Inflation-restated FY2024 earnings fell as acquisition-led expansion continued.HARG
Q4 2024 - Lower FY2023 sales and earnings, higher operating cash flow, and expansion into paints via Quitam.HARG
Q4 2023 - Lower 9M earnings and Q3 profit accompanied Quitam expansion and major dividends.HARG
Q3 2023 - Operating profit rose, but net income and operating cash flow declined.HARG
Q1 2023 - Sales fell and operations turned loss-making; monetary gains supported net profit.HARG
Q1 2024 - Lower sales and operating cash outflow coincided with the Tensolite acquisition and inflation-driven monetary gains.HARG
Q2 2024 - Revenue and net income declined as Tensolite expanded the portfolio.HARG
Q3 2024 - H1 earnings fell sharply as Horcrisa joined the portfolio and Campana faced storm damage.HARG
Q2 2025 - Lower sales, a net loss and cash outflow marked 9M 2025; Campana production resumed in June.HARG
Q3 2025 - Lower sales and gross profit drove a Q1 loss as borrowings increased.HARG
Q1 2026
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