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LOMA NEGRA a member of InterCement Loma Negra Reports 2Q21 results Buenos Aires , August 11 , 2021 – Loma Negra , ( NYSE : LOMA ; BYMA : LOMA ) , ( " Loma Negra " or the " Company " ) , the leading cement producer in Argentina , today announced results for the three - month period ended June 30 , 2021 ( our " 2Q21 Results " ) . 2Q21 Key Highlights • Net revenue increased by 46.6 % YoY to Ps . 14,269 million ( US $ 147 million ) , mostly explained by our core cement segment Strong increase in our Consolidated Adjusted EBITDA of 74.1 % YoY to Ps . 4,354 million ( US $ 48 million ) Consolidated Adjusted EBITDA margin expanded by 483 basis points YoY from 25.7 % to 30.5 % , driven by higher sales of cement , masonry , and lime together with higher operational leverage Net loss of Ps . 1,265 million as a consequence of a one - off effect in deferred taxes as a result of the recent tax reform Net Debt / LTM Adjusted EBITDA ratio of 0.13x from 1.30x in 2Q20 and 0.16x in FY20 The Company has presented certain financial figures , Table 1b and Table 11 , in U.S. dollars and Pesos without giving effect to IAS 29. The Company has prepared all other financial information herein by applying IAS 29 . Commenting on the financial and operating performance for the second quarter of 2021 , Sergio Faifman , Loma Negra's Chief Executive Officer , noted : " We are pleased to announce another quarter with an excellent performance . Demand continues with a strong momentum , and after several quarters of recovery is now exceeding pre - pandemic levels . On the back of our revenues growth and a higher operational leverage is that we increased our EBITDA by 74 % YoY and expanded our margin by 483 bps , reaching one of the best second quarters in recent years with Adjusted EBITDA in the quarter of US $ 48 million . Additionally , during the quarter , we posted a net loss impacted by one - off income tax effect derived from the recent tax reform . Still , for the first half of the year , Net profit stood at Ps . 1,583 million . Regarding our expansion project , last June we inaugurated the new kiln and is now producing clinker and contributing to our world - class operation . Additionally , the new Cement mill and dispatch center are close to commissioning . For the second half , we expect strong recovery to continue and an expansion vis - à - vis pre - pandemic levels , as seasonality and public works should begin to contribute positively . Yet we remain cautious as macroeconomic context could affect the recovery and some degree of uncertainty remains in relation to the pandemic . Last but not least , I would like to thank all our people , and stakeholders , for their commitment to Loma's operational excellence , without whom this set of solid results would have been much harder to achieve . Supported by a robust and efficient productive footprint , a solid capital structure , and a dedicated team , Loma has the base to continue thriving in the years to come . "