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News Cemex’s third-quarter gross profit and operating EBITDA fall

Cemex’s third-quarter gross profit and operating EBITDA fall

Written by Global Cement staff 28 October 2019
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Mexico: Cemex has reported a gross profit in the three months to 30 September 2019 of US$3.34bn, down by 8.0% year-on-year from US$3.64bn. Its operating earnings before interest, taxes, depreciation and amortisation (EBITDA) were US$1.88bn, down by 11% year-on-year from US$2.11bn in the three months to 30 September 2018. The company stated that lower volumes offset higher sale price in all regions.

Last modified on 30 October 2019
Published in Global Cement News
Tagged under
  • Mexico
  • Cemex
  • Results
  • GCW429

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