• Net Income of US$939 million, a fivefold increase year over year, reaching a recent record high. • Consolidated EBITDA grew 3% in 4Q24 with margin expanding by 0.4pp, while full-year EBITDA declined by 1% with stable margin, on...
- February 6, 2025
- 4 Min Read
Record recurring EBIT, up +12.7% in local currency, up +8.1% in CHF Net sales up +1.6% in local currency. Record recurring EBIT margin of 23.2% (+210 bps) in Q2 2024 +10.0% growth in EPS before impairment and divestments Disciplined M&A...
- July 26, 2024
- 10 Min Read
Cemex announced on July 15th a joint venture agreement with sand and gravel supplier Couch Aggregates and marine bulk product distributor Premier Holdings. This agreement is part of Cemex’s ongoing strategy to accelerate growth in the U.S. and expand its...
- July 16, 2024
- 2 Min Read
Strong start to the year Net Sales of CHF 5,586 million, up +3.4% in local currency Over-proportional growth in recurring EBIT of +17.1% in local currency and +7.8% in Swiss franc Profitable growth continues in 2024 with recurring EBIT margin...
- April 25, 2024
- 5 Min Read
Rating agency Standard & Poor’s (S&P) announced today that it has upgraded Cemex’s long-term global scale issuer credit rating to Investment Grade (BBB-) due to its strong financial and operating performance, deleveraging strategy, and flexible capital allocation. “Achieving an investment-grade...
- March 15, 2024
- 1 Min Read
Full capital market separation and US listing of its North American business Transaction intended to be executed as a spin-off, benefitting all shareholders Creating the leading pure-play North American building solutions company US listing of North American business expected to...
- January 29, 2024
- 5 Min Read
Cemex’s circular waste management business, Regenera, and DP World, a global leader in supply chain solutions, have signed an agreement for circular waste management solutions in the Dominican Republic. Per the agreement, Regenera will convert used tires from DP World...
- August 9, 2023
- 3 Min Read
Cemex has acquired a mortar plant near Madrid, Spain, as part of its ongoing strategy to increase EBITDA through bolt-on acquisitions, focusing on providing more sustainable alternatives to growing urban centers. The new plant is equipped with the latest technology...
- May 23, 2023
- 2 Min Read
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...
- May 12, 2023
- 6 Min Read
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...
- May 10, 2023
- 4 Min Read