Holcim (Argentina) (HARG) Q1 2026 earnings summary

Executive summary

• Q1 2026 sales were ARS 114,824 million versus ARS 122,010 million a year earlier; the period ended with a net loss of ARS 3,811 million versus net income of ARS 1,672 million.

• A monetary-position gain of ARS 21,251 million and financial income of ARS 5,164 million partly offset weaker gross profit and higher financial expenses.

Financial highlights

• Gross profit was ARS 22,387 million, down from ARS 29,813 million; cost of sales was ARS 92,437 million versus ARS 92,197 million.

• Distribution and commercial expenses rose to ARS 28,525 million from ARS 24,213 million; administration expenses increased to ARS 7,781 million from ARS 7,037 million.

• Financial expenses were ARS 12,272 million versus ARS 10,079 million, including ARS 10,492 million of interest expense versus ARS 3,893 million.

• Operating cash flow used was ARS 62,982 million versus ARS 28,929 million; financing generated ARS 64,619 million versus ARS 16,674 million.

• Cash and equivalents closed at ARS 1,643 million, down from ARS 4,420 million at Dec. 31, 2025.

Segment performance

• Cement sales were ARS 102,825 million versus ARS 111,572 million; concrete sales rose to ARS 5,096 million from ARS 3,643 million.

• Aggregate sales were ARS 2,184 million versus ARS 2,030 million; other products and services were ARS 3,378 million versus ARS 3,343 million.

• Co-processing waste services generated ARS 1,341 million versus ARS 1,422 million.