Gabriel Ramos

Gabriel Ramos asked if the pause of the Motupe Riverbank Protection Project would lead to similar project-related disruptions or margin pressures in coming quarters, and how this might affect concrete, pavement, and mortar performance and overall margins into 2026.

Answer

CEO Humberto Nadal stated that EBITDA margins are expected to remain at or slightly above last year's levels, with energy-saving projects anticipated to enhance margins in the second half of the year. He also expects public spending to increase after upcoming elections.

Gabriel Ramos from Kaupa asked about potential project-related disruptions or margin pressures in upcoming quarters due to the Motupe Riverbank Protection Project's pause, and its impact on concrete, pavement, and mortar performance and overall margins into 2026.

Answer

CEO Humberto Nadal stated that EBITDA margins are expected to remain at last year's levels, potentially increasing due to energy-saving projects in the second half of the year. He noted that government spending typically starts slow at the beginning of the year, with an expected pickup after the second or third quarter, especially with upcoming elections.