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LOMA NEGRA a member of InterCement Loma Negra Reports 3Q21 results Buenos Aires , November 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 September 30 , 2021 ( our " 3Q21 Results " ) . 3Q21 Key Highlights • Net revenue increased by 8.5 % YoY to Ps . 17,800 million ( US $ 176 million ) , mainly explained by the recovery in Concrete , the increase in Cement and the improvement in the Railway segment Decrease in our Consolidated Adjusted EBITDA of 9.1 % YoY to Ps . 4,696 million ( US $ 51 million ) The Consolidated Adjusted EBITDA margin decreased 512 basis points YoY from 31.5 % to 26.4 % , mainly due to the normalization of seasonal costs . For the 9 - month period ending in September , the margin expanded 55 basis points to 30.7 % from 30.2 % in the same period of 2020 Net Profit of Ps . 1,490 million , showing a reduction of 84.9 % versus the same period of the previous year , mainly explained by the extraordinary result in 3Q20 due to the divestment in Paraguay Net Debt / LTM Adjusted EBITDA ratio of -0.02x from 0.27x in 3Q20 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 third quarter of 2021 , Sergio Faifman , Loma Negra's Chief Executive Officer , noted : " We are pleased to announce a very good quarter in which we observe a consolidation of cement demand close to historical highs , with world - class profitability margins supported by our high operating standards and a recovery in the other business segments . The post - pandemic operational normalization and the sustained recovery of demand , led to this quarter , unlike what happened in the same period last year , to include the usual annual maintenance costs , as well as an increase in energy inputs , typical of the winter months . Despite the seasonal effects on margins , our EBITDA in dollars was US $ 51MM , exceeding what was achieved , both in the same period of 2020 and in the previous quarter . As for the L'Amalí expansion project , it already shipped cement during the month of October . We are very satisfied with the first results that already show its operating benefits and we hope to begin to see its impact in the coming quarters . This new line , with its production capacity and operational efficiency , provides us with a robust platform on which Loma can support its development . Likewise , it will allow us to advance on the path of sustainability , maximizing the use of energy with low environmental impact . Finally , I would like to highlight the committed contribution of all our people and stakeholders , which they make to the operational excellence of Loma and without which these results would not have been possible . Together with the support of our strong productive structure and a solid balance , they are the pillars to keep Loma on a prosperous path of growth .