STRATEGIC PRIORITIES

PROFITABILITY

Grupo Lamosa has prudently managed its finances and debt in recent years, resulting in consistent growth in its financial performance. Consequently, the company has maintained positive ratings from major financial institutions such as Fitch Ratings and HR Ratings. Moreover, in the second half of the year, it received for the first time a long-term local credit rating of "AA+.mx" from Moody’s Local Mexico, reaffirming its financial stability and robustness.

Grupo Lamosa’s strong financial performance has been driven by several factors, including its focus on operational efficiency, cost reduction and revenue growth. The company has implemented measures to optimize its production and distribution processes, leading to improved resource management.

Additionally, the ongoing diversification of its portfolio and the successful integration of synergies from recent acquisitions have enabled Grupo Lamosa to enhance its capabilities, strengthen its presence in key markets and optimize operations.

GEOGRAPHIC COMPLEMENTARITY

In recent years, Grupo Lamosa has expanded its presence through strategic acquisitions, including that of Cerámica San Lorenzo in 2016, Eurocerámica in 2020, Roca Tiles in 2021, Fanosa in 2022, and Baldocer at the end of 2023. These acquisitions have strengthened its position in established markets and driven its expansion into new regions such as Colombia, Peru, Argentina, Chile, Brazil and Spain, solidifying its status as a global player in the construction industry.

This geographic expansion has also contributed to the diversification of the company’s product portfolio, enabling it to adapt to the specific characteristics and demands of each particular market. As a result, the company continues to offer high-quality, innovative solutions to its customers. This strategy has been a fundamental pillar of Grupo Lamosa’s success and will remain a key driver in strengthening its market position.

SUSTAINABILITY

The company has implemented significant sustainability initiatives. In 2022, Grupo Lamosa conducted its first materiality analysis in order to identify the most relevant environmental, social and governance (ESG) topics for the company. The process has enabled the implementation of a reporting model aligned with international sustainability standards and focused on the management of non-financial information.

Grupo Lamosa’s commitment to ESG integration has been evident, especially in recent years. Its efforts can be seen in reduced workplace accident rates, enhanced employee training and development, and the adoption of a circularity strategy in the production processes to optimize material usage and minimize waste.

Another key focus area is the management of greenhouse gas emissions. The company has prioritized energy efficiency strategies, ensuring the proper maintenance of its production equipment and gradually upgrading it. Additionally, Grupo Lamosa has explored opportunities in renewable energy through cogeneration and self-generation, including the installation of photovoltaic panels.

In 2024, Grupo Lamosa established a series of social and environmental objectives, identifying critical issues relevant to both business goals and stakeholder expectations.

For more information, please refer to
Appendix 1.3 ESG Strategy.