How Did Cementos Pacasmayo (NYSE:CPAC) Lift Net Income 69.8% in the Third Quarter of 2026?

Sonal Goyal

28 October 2026 12:12 AM AEDT

How Did Cementos Pacasmayo (NYSE:CPAC) Lift Net Income 69.8% in the Third Quarter of 2026?

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Key Highlights

Third-quarter revenue rose 16.3% on a 14.2% increase in cement, concrete and precast sales volume.
Consolidated EBITDA increased 45.1% to S/233.1 million, with a margin of 34.9%.
Third-quarter net income was S/121.4 million, up 69.8%.
Nine-month net income rose 63.1% to S/280.6 million.

Cementos Pacasmayo S.A.A. (NYSE:CPAC) reported consolidated results for the third quarter of 2026 and the first nine months of the year on October 26, 2026. The Peruvian cement producer, which also trades on the Lima exchange under the symbol CPACASC1, prepared the figures under International Financial Reporting Standards and stated them in Soles. All third-quarter comparisons are against the same period of 2025.

Third-Quarter Volumes, Revenue and Earnings

Sales volume of cement, concrete and precast increased by 14.2% in the third quarter, which the company attributed mainly to higher bulk demand for minor infrastructure works and to bagged cement demand. Revenues grew 16.3%, in line with the higher volumes and an increase in the average price of cement.

Consolidated EBITDA rose 45.1% to S/233.1 million. Pacasmayo linked the increase to revenue growth and to cost efficiencies from lower energy costs and the completion of the Piura airport project. The consolidated EBITDA margin was 34.9%, an increase of 7.0 percentage points. Net income reached S/121.4 million, a 69.8% increase that the company said was mainly driven by higher operating profit.

Nine-Month Performance

For the first nine months of 2026, sales volume increased by 13.8% against the same period a year earlier, again on higher demand for bulk and bagged cement. Revenues rose 14.4%, reflecting the higher volume and higher average prices. Consolidated EBITDA climbed 37.7% to S/585.8 million, which the company tied to increased revenues, lower energy costs and improved profitability in the concrete business. The nine-month EBITDA margin was 32.9%, up 5.6 percentage points. Net income increased 63.1% to S/280.6 million, mainly on higher operating profit.

The company also noted that it has led the cement sector in the Merco ranking for eleven consecutive years and is part of Merco's Top 10 business and leadership list for the fourth year.

Why This Could Matter

The figures show how volume, pricing and cost items fed through to profitability at Pacasmayo, a member of the Holcim Group that has been listed on the New York Stock Exchange - Euronext since February 2012. The company said its products are used primarily in construction, and that it also produces and sells quicklime for mining operations. Management pointed to infrastructure and bagged cement demand on the volume side and to energy costs and the Piura airport project on the cost side. The company will host a conference call on Tuesday, October 27, 2026, at 12:00 p.m. Lima time, or 1:00 p.m. Eastern Time, to discuss the results, and a full earnings release is available on its investor relations site.

Final Perspective

Pacasmayo reported higher volumes, revenues, EBITDA and net income for both the third quarter and the first nine months of 2026, with the quarterly EBITDA margin at 34.9% and nine-month net income at S/280.6 million.

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