GCC S A B de C V (GCC) Corporate presentation summary

Strategic vision and market positioning

• Focus on improving quality of life, operational excellence, and environmental sustainability, with a mission to be the supplier of choice for high-quality construction materials.

• Holds leading positions in U.S. regional markets and Chihuahua, Mexico, with vertically integrated operations and a strong export capacity.

• Maintains a diversified business mix, with cement and mortar accounting for 67% of U.S. sales and a significant presence in ready-mix concrete and aggregates.

• Operates 8 cement plants, 26 terminals, and 102 ready-mix plants, with 6 MMT cement production capacity split between the U.S. and Mexico.

• Leadership position in 13 contiguous U.S. states, insulated from seaborne competition and well-positioned for infrastructure-driven growth.

Financial performance and capital structure

• Q1 2026 net sales rose 19.8% year-on-year to $295.4 million, with EBITDA up 18.3% to $87.1 million and a 29.5% margin.

• U.S. sales grew 15.9% and Mexico sales 28.2% in Q1 2026, driven by higher volumes and favorable pricing, especially in concrete.

• Net leverage ratio improved to -0.47x, with cash and equivalents at $857.3 million as of March 2026.

• Free cash flow increased 8.4% in 2025, supported by lower maintenance CapEx and higher EBITDA generation.

• Investment grade ratings from Fitch (BBB) and S&P (BBB-), with a $500 million sustainability-linked bond issued at a 3.614% coupon.

Operational excellence and growth initiatives

• Ongoing Odessa plant expansion to add 1.1 MMT capacity, following recent debottlenecking at Samalayuca (+0.2 MMT) and other strategic investments.

• Operating at near-optimal capacity utilization levels across plants, with U.S. industry average at 73%.

• Robust logistics platform with advanced distribution, over 2,860 leased railcars, and 1,070 trucks, enabling operational flexibility and cost efficiency.

• Disciplined M&A approach, focusing on value-accretive opportunities and contiguous market expansion.

• Recent acquisition of aggregates, asphalt, and ready-mix operations in El Paso, Texas.