Grupo Cementos de Chihuahua SAB de CV

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14 articles for Grupo Cementos de Chihuahua SAB de CV

Grupo Cementos de Chihuahua: Quarterly Report 4Q22: Progress in profitability and positive 2023 Guidance

GCC reported solid growth driven by higher prices and cost control. Surprisingly improving profitability. 2023 Guidance anticipates high single-digit to double-digit EBITDA growth, slightly better than our estimate of +8.5%. Favorable growth outlook,...
Banorte Jose Itzamna
Jose Itzamna Espitia Hernandez @ Banorte 3 February 2023

Grupo Cementos de Chihuahua: Quarterly Report 3Q22: Sound strategy reduces pressure on profitability

GCC showed an increase in revenues due to higher volumes and prices, and a lower-than-expected contraction in margins. Based on favorable market dynamics and costs control strategy, the company reiterated its 2022e guidance in EBITDA. Despite solid f...
Banorte Jose Itzamna
Jose Itzamna Espitia Hernandez @ Banorte 26 October 2022

Grupo Cementos de Chihuahua: Flash: Odessa, Texas plant expansion due to favorable market dynamic

GCC announced the expansion of Odessa, Texas plant capacity, stemming from an accelerated US growth market environment. Additionally, it would reduce greenhouse gas intensity by 13%. We also believe that the investment should not be a major issue for...
Banorte Jose Itzamna
Jose Itzamna Espitia Hernandez @ Banorte 5 August 2022

Grupo Cementos de Chihuahua: Quarterly Report 2Q22: Greater pressure on profitability confirmed

Positive demand dynamics and prices are offset by cost pressure. GCC's revenues in 2Q22 were boosted by solid cement and concrete volumes in the US with variations of +6.0% and -0.6%, respectively, benefiting from greater dynamism in industrial wareh...
Banorte Jose Itzamna
Jose Itzamna Espitia Hernandez @ Banorte 4 August 2022

Grupo Cementos de Chihuahua: Quarterly Report 1Q22: Less profitability pressure surprises

Positive demand and prices environment mitigate costs pressures. Meanwhile, in Mexico, concrete volumes rose 9.2% and cement volumes fell 4.7% (given a high comparable base), recording greater activity in maquiladora’s plants construction and industr...
Banorte Jose Itzamna
Jose Itzamna Espitia Hernandez @ Banorte 9 May 2022

Grupo Cementos de Chihuahua: GCC, Quarterly Report 4Q21: 2022 guidance offsets pressures in 4Q21

Strong demand and favorable pricing environment offset by higher expenses. Prices were better in local currency terms, and in Mexico also in dollar terms. On the other hand, EBITDA remained stable, with the margin decreasing 3.4pp y/y to 31.5%, below...
Banorte Jose Itzamna
Jose Itzamna Espitia Hernandez @ Banorte 26 January 2022

Details

Mexico
LatAm
Materials
About
Grupo Cementos de Chihuahua, S.A.B. de C.V. operates as a building products company. The Company produces, distributes, and markets cement, ready-mix concrete, aggregates and other building materials related to the construction industries. Grupo Cementos de Chihuahua serves customers in Mexico, Canada, and the United States.

Associated topics

Materials Mexico Equity GCC Grupo Cementos de Chihuahua SAB de CV Jose Itzamna Espitia Hernandez US 2021 Chihuahua 2020 Marissa Garza Ostos Europe Oceania Asia