|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||0.3180 - 0.3180|
|52 Week Range||0.2900 - 0.7800|
|Beta (3Y Monthly)||1.06|
|PE Ratio (TTM)||14.46|
|Forward Dividend & Yield||0.01 (1.57%)|
|1y Target Est||N/A|
Mexican cement maker Cemex SAB de CV reported a 3% fall in quarterly sales amid a drop in volumes in all its markets except the United States, sending the company's shares lower on Thursday. The global economic climate took a toll on Cemex's results, Chief Executive Fernando Gonzalez said in a statement. The lower volumes were partly offset by higher prices across the board, Cemex said.
Mexican cement producer Cemex SAB de CV on Thursday posted a 3% fall in quarterly sales, hurt by lower volumes in key markets such as Mexico. Chief Executive Officer Jaime Muguiro said cement demand trends remained positive in Colombia, but it was not enough to offset increases in coal, electricity and distribution costs in Colombia, and weaker markets across Central America.
Mexican cement producer Cemex SAB de CV on Thursday said that it had nearly doubled its profit during the first quarter but still fell short of analysts' expectations, hurt by lower volumes in Mexico and the United States. Sales in Mexico fell 8 percent to $706 million and earnings before interest, tax, depreciation and amortization (EBITDA) declined by 14 percent to $255 million during the first quarter ended March, the company said. "We are pleased with the 1 percent top-line growth we achieved during the first quarter, despite important volume declines in our two most important markets: Mexico and the U.S.," he said.
Mexican cement producer Cemex SAB de CV on Thursday reported a more than 90 percent rise in quarterly profit, helped by higher prices and volume. Net profit rose to $39 million in the first quarter ended ...
MEXICO CITY (Reuters) - Mexican cement maker Cemex said on Tuesday that it will help to reconstruct France's Notre-Dame cathedral, which lost its roof and iconic spire in a massive fire this month. The ...
Warning! GuruFocus has detected 1 Warning Sign with CX. Cemex SAB de CV (CX) is the largest ready-mix concrete company and one of the largest aggregate producers in the world, selling roughly 69 million tons of cement, 53 million cubic meters of ready-mix and over 150 million tons of aggregates in 2018. Over the last five years, despite increasing annual sales turnover by $3.8 billion, the company's stock has fallen out of bed.
For the first time in half a century, the Mazatlán Promenade is renovated with products and technology from CEMEX. CEMEX placed 17,000 m3 of hydraulic concrete for the renovation of the promenade. With this renovation, Mazatlán presents a new face to its visitors and the useful life of the promenade will increase by up to 30 years.
Mexico's Cemex, one of the world's largest cement producers, expects its consolidated volume growth this year to be similar to that of 2018, Chief Executive Fernando Gonzalez told investors at an event in New York on Wednesday. "We expect our consolidated volume growth across all of our products more or less the same, similar growth that we saw" in 2018 compared to 2017, he said. In 2018, the company reported consolidated cement and ready-mix volume growth of between 2 to 3 percent, and top-line growth of about 6 percent.
Mexico's Cemex, one of the world's largest cement producers, expects its consolidated volume growth this year to be similar to the level achieved in 2018, Chief Executive Fernando Gonzalez told investors ...
Shares in Mexican cement maker Cemex rose by more than 2 percent in early trade on Tuesday after the company said it had reached an agreement to sell aggregates and ready-mix assets in Germany.
CEMEX, S.A.B. de C.V. (“CEMEX”) (CX) announced today the pricing of €400 million of its 3.125% Senior Secured Notes due 2026 denominated in Euros (the “Notes”). CEMEX intends to use the net proceeds from the offering of the Notes for general corporate purposes, including to repay other indebtedness, all in accordance with CEMEX’s facilities agreement, dated as of July 19, 2017 (the “2017 Credit Agreement”), entered into with several financial institutions. The Notes will share in the collateral pledged for the benefit of the lenders under the 2017 Credit Agreement and other secured obligations having the benefit of such collateral, and will be guaranteed by CEMEX México, S.A. de C.V., CEMEX Concretos, S.A. de C.V., Empresas Tolteca de México, S.A. de C.V., New Sunward Holding B.V., CEMEX España, S.A., Cemex Asia B.V., CEMEX Corp., CEMEX Finance LLC, Cemex Africa & Middle East Investments B.V., CEMEX France Gestion (S.A.S.), Cemex Research Group AG and CEMEX UK.
Mexico's Cemex, one of the world's largest cement producers, said on Wednesday it is selling some of its European facilities and businesses to German building company Schwenk for about $385 million. Monterrey-based Cemex said it would use the money from the deal to reduce its debt. The assets that Cemex would sell include a production plant and several quarries in Latvia as well as import terminals in Finland, Norway and Sweden.
CEMEX mobilized a concrete plant, a paver, and other supplies from Mexico to guarantee the durability and quality of the new airport’s roads. CEMEX, S.A.B. de C.V. ("CEMEX") (CX), announced today that it led an international team of specialists in charge of renovating 35,000m2 of taxiways for the International Sangster Airport in Montego Bay, Jamaica, the main point of entry to this country. To ensure the quality and durability of the new roads, CEMEX mobilized from Mexico a specialized team, a concrete plant, supplies that weren’t available in the area, and a next-generation paver to place 22,500m3 of concrete.
Mexican cement producer Cemex on Thursday reported a loss for the fourth-quarter, missing analyst expectations' for a profit and sending shares lower. Monterrey-based Cemex, one of the world's largest cement producers, reported a net loss of $37 million for the quarter, when analysts had expected a profit of $136 million, according to a Reuters poll. Share in Cemex fell almost 2 percent after the report to 9.99 pesos per share.
Cemex SAB de CV (CX) is the largest ready-mix concrete company in the world. In a recent Instagram post, Floyd Mayweather shared photos of his brand new mansion, which is 100% concrete. Warning! GuruFocus has detected 3 Warning Signs with AME.
Mexico's Cemex on Thursday reported higher third-quarter revenue, raised its expectation for U.S. concrete sales and said it had cut its debt, sending the cement company's battered shares up almost 5 percent. Cemex's net sales grew 8 percent to $3.7 billion in the quarter when adjusted for exchange rate fluctuations and asset sales, beating analyst expectations. On a conference call, Cemex executives said they had raised their expectations for U.S. concrete sales and for Mexican aggregates for this year.
Mexican cement company Cemex reported a 39.8 percent slump in third-quarter profit on Thursday, hurt by lower demand in its South and Central America and the Caribbean. The company said net profit fell ...