Centura Sub gives Cementos Lima "sell" recommendation

Financial institution Centura Sub has given a "sell" recommendation for shares in Peru's leading cement producer Cementos Lima. Despite growth in the domestic market and export sales to the US, increasing second quarter distribution network costs had a negative impact on Cementos Lima's results. The bank has lowered its net profit estimate for the company to US$28.0mn from US$28.4mn. The stock price target is US$18.40 compared to US$18.54 at the time the report was published. To read the full report in Spanish paste the following link into your web browser: http://www.bnamericas.com/rc_search_detail.xsql?id_documento=53191&Tx_idioma=E