Last €10.09 EUR
Change Today +0.043 / 0.43%
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As of 2:53 AM 11/28/14 All times are local (Market data is delayed by at least 15 minutes).

cemex sab-spons adr part cer (CEXA) Snapshot

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09/8/14 - €10.50
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11/29/13 - €7.65
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cemex sab-spons adr part cer (CEXA) 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.

44,055 Employees
Last Reported Date: 10/24/14
Founded in 1906

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cemex sab-spons adr part cer (CEXA) Key Developments

CEMEX, S.A.B. de C.V. Presents at Citi's Building Conference 2014, Nov-12-2014 09:25 AM

CEMEX, S.A.B. de C.V. Presents at Citi's Building Conference 2014, Nov-12-2014 09:25 AM. Venue: Stirling Square, 5-7 Carlton Gardens, London SW1Y 5AD, United Kingdom. Speakers: Eduardo Rendon, Investor Relations.

California American Water and CEMEX Reach Agreement for Access to Proposed Test-Well Site

California American Water and CEMEX have entered into an agreement that will clear the way for California American Water to access CEMEX's property for a test well. The agreement allows the water company access to portions of the cement producer's property in North Marina where intake wells for the Monterey Peninsula Water Supply Project seawater desalination facility are planned. The agreement allows California American Water to drill and operate a test well on the CEMEX site and, if the results are positive, to later purchase the permanent easements needed to construct and operate intake wells. The agreement comes after months of extended talks between the two parties over the precise location of the test well and the terms of an agreement. California American Water has been ordered to reduce its diversions from the area's primary source of water, the Carmel River, by the California State Water Resources Control Board, which has issued a stringent cutback schedule on withdrawals from the river.

CEMEX, S.A.B. de C.V. Announces Consolidated Earnings Results for the Third Quarter and Sales Results for the Nine Months Ended September 2014; Provides Capex Guidance for 2014

CEMEX, S.A.B. de C.V. announced consolidated earnings results for the third quarter and sales results for the nine months ended September 2014. For the quarter, net sales reached approximately $4.1 billion, an increase of 4% on a like-to-like basis for the ongoing operations and adjusting for currency fluctuations, compared to comparable period in 2013. On a like-to-like basis, operating EBITDA increased by 3% during the quarter to $767 million compared to the same period in 2013. The increase in consolidated net sales on a like-to-like basis was due to higher volumes in Mexico, the U.S., and South, Central America and the Caribbean and Asia regions, as well as higher prices of products in most of its operations. Operating earnings before other expenses, net, increased by 5%, to $491 million. Reporting a narrower controlling interest net loss of $106 million from a loss of $155 million in the same period last year. Free cash flow after maintenance capital expenditures was $350 million, a 43% increase compared to $245 million in the same quarter of 2013. During the third quarter of 2014, controlling interest net income was a loss of $106 million, an improvement over a loss of $155 million in the same period last year. Net sales on a like-to-like basis increased by 6% for the first nine months of 2014. Guidance for total CapEx for 2014 is above $765 million. This includes $505 million in maintenance CapEx and $260 million in strategic CapEx. The increase in strategic CapEx guidance reflects the new cement plant in Colombia announced in August.


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