Grupo UNACEM’s consolidated revenues total S/1,746 million in the second quarter of 2025.

In its most recent financial results presentation to investors, Grupo UNACEM announced its results for the second quarter of 2025, highlighting consolidated revenues of PEN 1,746 million, representing a 4.7% increase compared to the same period last year, driven by the solid performance of its Latin American business units.

UNACEM Perú recorded higher cement shipments with stable prices, while Celepsa achieved higher electricity sales volumes, particularly in the hydroelectric segment. Operations in both Chile and UNACEM Ecuador also reported higher revenues, supported by improved cement and concrete volumes.

“The results of this quarter confirm the strength of our regional operations and encourage us to continue growing with a long-term vision. In Peru, we are optimistic about the momentum of new infrastructure projects, while in Chile and Ecuador we are consolidating volumes and focusing on a more customer-centric commercial strategy. This is complemented by higher generation at Celepsa and the start-up of new investments in Condorcocha, such as our partnership with Mexico’s Calidra Group, which strengthen the diversification and sustainability of our portfolio,” said Pedro Lerner, Corporate CEO of Grupo UNACEM.

EBITDA totaled PEN 391 million, a 0.7% increase compared to the same period last year. As of June 2025, consolidated CAPEX increased by 29.3%, reaching PEN 349 million, in line with the Group’s long-term sustainability plan. The main investments were related to environmental and storage improvements at the Atocongo and Condorcocha cement plants, the modernization of a turbine at Termochilca that will add 18 MW of generation capacity, as well as new acquisitions of machinery and mixer trucks at UNACEM North America and UNICON Perú.

Meanwhile, Álvaro Morales, Corporate Vice President of Finance at Grupo UNACEM, noted that during the second quarter of 2025, our consolidated revenues were driven mainly by our Latin American operations. Cement volumes remained stable in Peru and Ecuador, there were significant improvements in Chile’s operations, and continued growth in Celepsa’s energy sales. In addition, we have begun implementing the first stage of our Global Business Services (GBS) initiative, aimed at centralizing processes to become a more agile and integrated organization, generating synergies and operating under higher standards.

RESULTS BY BUSINESS UNIT AND COUNTRY

In the second quarter of 2025, in Peru, UNACEM achieved cement shipments of 1.377 million tons and revenues of PEN 677 million, 3.6% higher than in 2024, driven by a strong increase in clinker exports, which rose 82.4% year over year. EBITDA reached PEN 250 million, reflecting 7.7% growth. Celepsa increased its hydroelectric generation to 750 GWh, with revenues of USD 53.6 million and EBITDA of USD 16.8 million, 40.8% higher than the previous year due to higher volumes and lower energy costs.

At UNACEM Ecuador, revenues totaled USD 44.7 million, an 8.8% increase compared to the same period in 2024, driven by slightly higher average prices and ready-mix concrete operations. Cement shipments reached 302 thousand tons, 2.4% higher year over year, while concrete volumes totaled 63 thousand cubic meters, compared to 37 thousand cubic meters in 2024. Quarterly EBITDA amounted to USD 9.4 million, representing 9.8% growth.

For UNACEM North America, the Group reported volume growth. Cement shipments increased 2.2% to 331 thousand tons, ready-mix concrete reached 275 thousand cubic meters, an 8.1% increase, while aggregates totaled 367 thousand tons, 9.5% lower than the previous year.

Finally, in the second quarter of 2025, UNACEM Chile dispatched 132 thousand tons of cement, a 16.8% increase compared to the same period last year. Revenues reached CLP 15,207 million, 25.5% higher year over year, and the company achieved a positive EBITDA of CLP 576.1 million.

Meanwhile, the concrete business in Chile recorded revenues of CLP 25,477 million (80.1% higher than in the second quarter of last year) and EBITDA of CLP 664 million. Ready-mix concrete dispatches reached 276 thousand cubic meters, representing a 62.5% increase compared to the same period last year.