GCC SAB de CV
BMV:GCC
GCC SAB de CV
GCC SAB de CV, also known as Grupo Cementos de Chihuahua, has built its reputation on a solid foundation, both literally and figuratively, since its inception. Headquartered in Chihuahua, Mexico, this company has grown from a regional producer of cement into a key player in the construction materials industry across North America. With operations extending into the United States, GCC manages to harness the strengths of its local roots while bridging across borders. The company's core operations revolve around the production and commercialization of cement, concrete, aggregates, and other construction-related materials. By strategically locating its production facilities near essential transportation networks and raw material sources, GCC reduces logistical costs and enhances its distribution efficiency, allowing it to deliver high-quality products without a heavy environmental footprint.
The financial heartbeat of GCC resonates from its extensive portfolio, which is not only diverse in product offerings but also in geographical reach. By tapping into the burgeoning demands of infrastructure and residential development across both Mexico and the southern United States, GCC captures a consistent revenue stream that feeds its growth and expansion initiatives. The company proudly invests in state-of-the-art technology and sustainability practices, reducing emissions and ensuring a reduced environmental impact, thus aligning economic objectives with eco-friendly responsibilities. GCC’s strategic blend of operational efficiency, market expansion, and commitment to sustainability clearly explains how it manages to cement its position and profitability in a highly competitive industry landscape.
GCC SAB de CV, also known as Grupo Cementos de Chihuahua, has built its reputation on a solid foundation, both literally and figuratively, since its inception. Headquartered in Chihuahua, Mexico, this company has grown from a regional producer of cement into a key player in the construction materials industry across North America. With operations extending into the United States, GCC manages to harness the strengths of its local roots while bridging across borders. The company's core operations revolve around the production and commercialization of cement, concrete, aggregates, and other construction-related materials. By strategically locating its production facilities near essential transportation networks and raw material sources, GCC reduces logistical costs and enhances its distribution efficiency, allowing it to deliver high-quality products without a heavy environmental footprint.
The financial heartbeat of GCC resonates from its extensive portfolio, which is not only diverse in product offerings but also in geographical reach. By tapping into the burgeoning demands of infrastructure and residential development across both Mexico and the southern United States, GCC captures a consistent revenue stream that feeds its growth and expansion initiatives. The company proudly invests in state-of-the-art technology and sustainability practices, reducing emissions and ensuring a reduced environmental impact, thus aligning economic objectives with eco-friendly responsibilities. GCC’s strategic blend of operational efficiency, market expansion, and commitment to sustainability clearly explains how it manages to cement its position and profitability in a highly competitive industry landscape.
Record Sales: GCC delivered record full-year sales of $1.4 billion, up 3% year-over-year, driven mainly by strong U.S. ready-mix and cement volumes.
Margins & EBITDA: Fourth-quarter EBITDA margin hit a record 39.6%, with full-year EBITDA at $492 million and a margin of 34.9%. Margins remained strong but slightly below 2024's record levels.
Odessa Expansion: The Odessa cement plant is on schedule for completion and ramp-up in 2026, with a cautious and gradual approach to integrating new capacity to match current market demand.
2026 Guidance: For 2026, GCC expects high single-digit growth in U.S. cement volumes, flat U.S. cement pricing, and mid-single-digit EBITDA growth. CapEx is guided at $270 million.
Pricing Actions: An $8 price increase has been announced for U.S. cement in 2026, but mix and geography effects are expected to result in flat overall pricing.
Capital Allocation & M&A: Continued focus on disciplined capital allocation, share buybacks, and bolt-on M&A in aggregates and targeted cement opportunities.
Cost Control: Renewed emphasis on cost discipline and efficiency, with investments in alternative fuels and logistics to manage inflation and support future growth.