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cemex sab-a (CEMEXA) Details

CEMEX, S.A.B. de C.V. produces, markets, distributes, and sells cement, ready-mix concrete, clinker, aggregates, and other construction materials for home construction and concrete pavement applications. It also offers complementary construction products, such as asphalt products; concrete blocks; roof tiles; architectural products; concrete pipes; and other precast products, such as rail products, concrete floors, box culverts, bridges, drainage basins, barriers, and parking curbs. In addition, it is engaged in the trade of cement, clinker, granulated blast furnace slag, special mortars, and other products; and sale of information technology solutions and services. Further, it offers building solutions for housing projects, pavement projects, and green building consultancy services. The company has operations in Mexico, the United States, Northern Europe, the Mediterranean, South America, Central America, the Caribbean, and Asia. CEMEX, S.A.B. de C.V. was founded in 1906 and is based in Garza Garcia, Mexico.

43,875 Employees
Last Reported Date: 07/19/14
Founded in 1906

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cemex sab-a (CEMEXA) Key Developments

Three Investors Reportedly Eye Mannersdorf Cement Plant

Kirchdorfer Group, CEMEX, S.A.B. de C.V. (NYSE:CX) and Gebr LEUBE KG are planning to acquire cement plant in Mannersdorf from Lafarge S.A. (ENXTPA:LG), the daily WirtschaftsBlatt reports. Experts estimate the value of the potential deal at an amount in low triple-digit million range.

CEMEX, S.A.B. de C.V. Presents at UBS Latin America Infrastructure One-on-One Conference 2014, Jul-28-2014

CEMEX, S.A.B. de C.V. Presents at UBS Latin America Infrastructure One-on-One Conference 2014, Jul-28-2014 . Venue: New York, United States.

CEMEX, S.A.B. de C.V. Reports Consolidated Earnings Results for the Second Quarter of 2014; Provides Earnings Guidance for the Full Year 2014

CEMEX, S.A.B. de C.V. reported consolidated earnings results for the second quarter of 2014. For the quarter, the company's net sales reached $4.2 billion, an increase of 4% versus the comparable period in 2013. Operating EBITDA increased by 1% to $737 million versus the same period in 2013. On a like-to-like basis and adjusting for business days in operations during the quarter, consolidated net sales increased by 5% and operating EBITDA increased by 3% versus the second quarter in 2013. The increase in consolidated Net Sales were due to higher prices of products in local currency terms in most of operations, as well as higher volumes in the U.S. and Mediterranean, South, Central America and the Caribbean and Asia regions. Free cash flow after maintenance capital expenditures was $63 million, compared with negative $86 million in the same quarter of 2013. Controlling interest net income was $76 million, an improvement over a loss of $152 million in the same period last year. The controlling net interest income was $76 million, up from a loss of $152 million the year earlier. The company expects improved performance from Mexican operations during the second half of the year which should lead to stronger overall EBITDA generation for the full year 2014. Guidance for total CapEx is about $670 million. This includes $505 million in maintenance CapEx and $165 million in strategic CapEx. The increase in strategic CapEx guidance reflects the new grinding plant in Nicaragua announced in May. The company expects cash taxes for 2014 to reach about $600 million.


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CEMEXA Competitors

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Company Last Change
Anhui Conch Cement Co Ltd CNY17.13 CNY -0.22
HeidelbergCement AG €57.52 EUR -0.46
Lafarge SA €59.08 EUR -0.68
Siam Cement PCL/The 438.00 THB -2.00
Wolseley PLC 3,238 GBp -10.00
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