Q1 2022 & FY 2021 Results slide image

Q1 2022 & FY 2021 Results

Net sales Q1 2022 RESULTS HIGHLIGHTS Millions of dollars Q1-22 Q1-21 Var 2022 2021 Var 206.9 178.8 15.7% 1,038.8 937.8 10.8% Operating Income before other expenses 57.5 56.7 1.4% 241.3 211.3 14.2% EBITDA 54.5 49.5 10.2% 337.9 308.3 9.6% EBITDA Margin 26.4% 27.7% 32.5% 32.9% Consolidated Net Income 13.1 15.3 -14.3% 149.7 129.7 15.4% Consolidated net sales increased 15.7% to US$206.9 million U.S. sales increased 20.6% as cement and concrete volumes increased 10.3% and 15.7%, respectively Mexico cement and concrete prices increased 11.7% and 8.1%, respectively Mexico sales increased 7.5% as concrete volumes increased 9.1% U.S. cement and concrete prices rose 10.3% and 1.3%, respectively GCC EBITDA increased 10.2% to US$54.5 million with a 26.4% EBITDA margin Cash and equivalents totaled US$640 million Net leverage (net debt/EBITDA) ratio totaled -0.43x as of March 2022 . The share buyback program will be reactivated 43
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