GCC reports fourth quarter and full year 2025 results

FY 2025 highlights

• Consolidated net sales increased 3.1% year-on-year to US$1408.7 million.
• US sales grew 7.2% as concrete and cement volumes increased 31.5% and 2.6%, respectively.
• US concrete prices increased 10.9%.
• Mexico concrete and cement prices increased 2.3% and 1.9%, respectively.
• EBITDA decreased 1.7% to US$491.8 million, with a 34.9% EBITDA margin.
• Cash and equivalents totalled US$969.5 million.
• Net leverage (net debt/EBITDA) ratio totalled -0.71x as of December 2025.
• Earnings per share decreased 8.2% year-on-year, to US$0.9140.
• Free cash flow totalled US$349.1 million with a 71% free cash flow conversion rate.
• GCC repurchased shares in the net amount of US$15 million.
• A dividend of Ps. 1.7674 per share was paid on May 13, 2025, representing a 15% year-on-year increase.
• GCC concluded bank debt agreements of approximately US$126.7 million.

Q4 2025 highlights

• Consolidated net sales increased 7.3% year-on-year to US$359.8 million.
• US sales grew 5.6% as concrete and cement volumes increased 27.4% and 1.4%, respectively.
• US concrete prices increased 9.2%.
• Mexico sales grew 12.1% as cement volumes increased 11%.
• Mexico concrete prices increased 2.5%.
• EBITDA increased 17.3% to US$142.5 million, with a 39.6% EBITDA margin.
• Earnings per share increased 5.8% year-on-year, to US$0.2584.
• Free cash flow totalled US$156 million with a 109.5% free cash flow conversion rate.
• GCC repurchased shares in the net amount of US$7.4 million.

Enrique Escalante, GCC’s Chief Executive Officer, commented: “GCC delivered strong results in 2025, achieving record full-year sales and a record EBITDA margin in the fourth quarter, driven by a solid performance in the United States and our teams’ disciplined approach on cost management and operational reliability.”

Enrique continued, “As we enter 2026, our focus is on executing the next phase of our strategy with the ramp-up of the Odessa expansion and continued optimisation of our distribution network. With a stronger platform and clear levers within our control, we are well positioned to strengthen our earnings power over the cycle.”

Click here for free registration to World Cement

Read the article online at: https://www.worldcement.com/the-americas/28012026/gcc-reports-fourth-quarter-and-full-year-2025-results/