Global net revenue totaled R$5.8 billion, an 18% increase compared to 1Q22. Adjusted EBITDA was R$779 million, an increase of 85% over the same period last year, with a positive impact on the EBITDA margin. Leverage, measured by the...
Cemex USA (“Cemex”) announced today it has finalized an acquisition that secures new long-term aggregates reserves, expanding its aggregates footprint and further strengthening the company’s position in aggregate constrained markets. Cemex recently closed on its purchase of the assets of...
Revenue increases by 13%1) to €4,896 million Strong improvement in result2) by €168 million to €258 million Sustainability activities further intensified: most ambitious climate targets in the sector validated by SBTi, additional carbon capture projects launched, and circular economy expanded Outlook upgraded:...
At the beginning of May 2023, Cemex reported a 9% growth in Sales and a 6% growth in EBITDA in the first quarter of 2023. The strong results are attributable to pricing, decelerating input cost inflation, and contributions from the...
After more than four years at the head of Votorantim Cimentos, a building materials and sustainable solutions company, Marcelo Castelli is leaving his position as global CEO to become a member of the Board of Directors. To succeed him, Votorantim...
Concrete Europe welcomes the Commission proposal for a regulation establishing the EU-wide voluntary framework that would certify high-quality carbon removals (CRCF). It will provide the necessary rules to asses which carbon removals will be eligible for certification. Concrete is a...
