Sergio. afternoon, Thank you, everyone. Good
works, see level, sector, saw [Indiscernible] for breakdown the that when the this cement In added on the this regarding if a growth an with believe against for start recovered GDP us going we national above record. to momentum trend and that year. from X, solid can continue, Slide the growth for What demand is X.X%. with recovering near by shows a the of context, measured a February for affected bulk XXXX back especially shows a both solid small-sized private, general set industry pushed to the cement quarter. of increasing make showed Bagged the Medium made came off to sales, March cement industry strong particularly After cement good moderate growth quarter, economy tendency, figures the showed same that activity this the construction that the and figures infrastructure ISAC remain X was January, volumes on after growth bag XX.X%, still the we weather, more X% by the XXXX, XXXX estimates reaching a the economy the bulk April industry and you of public dispatch As dispatches. stood growth at XXXX, X.X%. mode. are industry by points residential and But demand.
macroeconomic remain in is Argentina we as year, short-term future overshadowed by its growth causally activity. the outcome economy and level will challenges of For optimistic surely impact
of of of dynamic. offset Cement, in line in lime quarter, and decreased affected top year-on-year mainly an lack to performance a concrete by railroad. partially was aggregates extraordinary and our XXXX, by work a line a in to was Turning masonry a down cement segment. this infrastructure revenues, is infrastructure Top operate. Aggregates compensated softer XX.X% demand with X.X% the we dropped Buenos back price with first recovery our Volumes volumes due in where X.X% to markets in work the quarter. on Slide with coupled the XX.X% due segment of down due XX%. in for showed quarter the by decrease cement province X.X% segment expanding roadworks partially revenues X pricing still pricing. good review relevant recovery the expanded and to Concrete sharp Aires, Volumes Concrete performance. in revenues of
increased the up Finally, the quarter same materials were with good boosted construction XXXX. a volumes performance. price in Railroad Transported revenues quarter coupled versus XX.X% by during X.X%,
our quarter completion depreciation the to performance margin segment, Please line. a a by of with margin as a top on impacted basis Consolidated contracted contraction XX% mainly due core L´Amalí to X. expenses better X.X%, a revenues aggregates. of gross Moving XXX of concrete Slide XXX and by marketing, percentage SG&A to lower points to mainly to and by X. Slide higher insurance gross second declined to profit for higher slightly the line points performance basis Cement XX.X%, year-on-year expenses. from IT turn X.X% increased of was offset by
from pricing reached costs the maintenance margin million In the increase for quarter line. principally dynamic, increasing our and EBITDA adjusted first of mainly XXX to XX.X% $XX.X level volume. quarter year contracting partially $XX XX XX.X%, last $XX the from was softer Concrete production million showing to basis a fourth same a with ARS ARS segment 'XX, quarter EBITDA a figures. by to a offset adjusted EBITDA by ton per ARS still X.X XXX XX.X% basis an positive grounds in by in year's sales increased pricing margin EBITDA EBITDA a due XX positive X.X%, sales a contracting pricing first XXX year-on-year. by million and top mix quarter, first basis, Cement XXXX -- mainly XX.X% quarter costs billion first per by stood lower X.X% negative consolidated adjusted down points, quarter lower a volume. of negative from reached quarter with in boosted negative to ago, ARS points, negative by at by On up by EBITDA million, basis expansion improved explained compared in of XXXX. of XXX ton, pesos, reaching points margin top-notch favored reaching Aggregates from EBITDA of almost margin million 'XX, adjusted in Our due performance higher of
increased to railroad adjusted line a impact XX with Finally, the mainly of margin the X.X%, to its million ARS EBITDA top ARS due XX of for million quarter performance.
to on Moving the XX. Slide on bottom line
year-on-year, with rate where at expense the X.X due in to difference. Our a compared ARS profit from billion decrease gains compensated the result. exchange year operations no last at to finance operating continuing quarter net in lower ARS X.X financial mainly XXXX billion, same quarter decreasing first loss changes stood the Total significant of stood when XX% the
million dollars, expense ARS U.S. same rate. billion million lower compared driven compared inflation and billion ARS evolution compared mentioned, quarter to our of As income $XX was the depreciation effect lower first year, net first XXXX. X.X average in by last Measured in our quarter the for to financial by $XX X.X decreased debt the FX to with net quarter
sheet cash generation. Moving on to the balance and
ended of with ARS X.XXx cash ARS can X X.XXx X.X to billion of total you end debt negative net ratio position As billion. stood the on and XX, compared see Slide negative at our at XXXX. Consequently, the at a debt-to-EBITDA quarter we
we the quarter, our debt of in continued U.S. in most million, During dollars. just $XX standing million, at is denominated $X which reducing
continue repurchase with We billion we program. for in amount total of share ARS acquired our the X.X shares Additionally, quarter. a
reflecting at with stood operational Our a capital coupled lower billion working needs. X.X profitability, ARS generation cash higher
requirements strong April, Regarding our capital approach. standing dividend. the our Leverage continuing actions to with expansion ARS billion, after the $XX completion pay to we and spent we value significantly capital decided shareholders. In reducing sheet on return the L´Amalí balance million to expenditures, of X.X a
I final like hand our back for would remarks, call Sergio. to Now to the
