The companies of the selective index of the Lima Stock Exchange: S&P/BVL PERU SELECT, the thermometer of the Lima stock market, due to its liquidity and stock market, surprised analysts from various stock market houses with their results obtained in the second quarter of the year.
In general, analysts are quite cautious to estimate the profits of the companies. Historically there is a ‘gap’ between the estimated profits versus the observed, but this time they not only fell short with the estimate, but with the rate in which they predicted that it was going to grow.
According to a report from the Lima Stock Exchange (BVL), the analysts of the main stock market houses (Inteligo Sab, Kallpa Securities Sab, Credicorp Capital Sab, Larrainvial Research, rent4 Sab and Seminar Sab), they had estimated that the benefit of the companies of the S&P/BVL peru select for the second quarter would have added s/7.900 million. 8% growth rate against similar period of the previous year.
However, the profits reported to the Securities Market Superintendence (SMV) for these companies gave a sum of S/8,250 million, which represented an increase of 12.8%.
According to the report, of the 12 firms that make up the index, in 4 their results were above consensus, in 4 they were in line with the projections and in 3 the benefit was below expectations.
By companies
Alicorp, The Peruvian food giant registered a turnover of S/2,988 million in the second quarter, the published Ebitda reached S/448 and reported a utility of S/173.4 million, which represented a decrease of 11.5% compared to similar quarter of 2024. However, in terms of the reached semester, the profits grew 29.8%.
BBVA Peru, The bank reported its income at S/1,966 million and its usefulness reached S/573 million, which meant an advance of 26.3%.
Buenaventura, The Metal Price producer registered a turnover of US $ 369 million, its EBITDA reached US $ 141 million and its usefulness reached US $ 98 million, an increase of 32%.
Pacasmayo cements, The company registered sales for S/484 million, which gave an EBITDA of S/130 million and an utility of S/48 million, an advance of 29.9% compared to the similar quarter of 2024.
Cerro Verde, La Minera reported sales of US $ 1,025 million, an EBITDA of US $ 510 million and a benefit of US $ 225 million. The result implied a 28.3% decrease compared to the second quarter of the previous year.
CREDICORPFinancial Holding registered revenues of S/4,922 million and a usefulness of S/1,822 million, an advance of 36.4%.
Ferreycorp, The company registered a turnover of S/3,051 million, an EBITDA of S/217 million, and an utility of S/122 million, an advance of 10.3%.
Inretail Peruthe firm reported sales for S/5,492 million, an EBITDA for S/712 million and a usefulness of S/223 million.
Intercorp Financial Service (IFS) registered a turnover of S/1,137 million and a utility of S/577 million. The financial group doubled the profits compared to the previous year (102%).
Southern Cooper, La Minera recorded revenues for US $ 3,051 million, an EBITDA of US $ 1,791 million and a benefit of US $ 973 million, an advance of 2.44%.
VolcanoLa Minera recorded revenues for US $ 290 million, an EBITDA for US $ 112 million and a profit for US $ 38 million, an advance higher than the tripe that recorded in the second quarter of 2024 (+266%).
According to the report, the financial sector “marked the rhythm”, indicating an outstanding performance. Meanwhile, the mining sector “adjusted the step”, suggesting a more moderate performance or expectations adjustments.
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