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News GCC reports declining sales in first quarter of 2025

GCC reports declining sales in first quarter of 2025

Written by Global Cement staff 23 April 2025
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Mexico: GCC has reported a 10% year-on-year decline in its net sales to US$247m in the first quarter of 2025, from US$273m a year earlier. Earnings before interest, taxation, depreciation and amortisation (EBITDA) fell by 11% to US$73.6m. US concrete volumes rose by 5%, as well as cement and concrete prices across the US and Mexico.

CEO Enrique Escalante said “Despite the challenges we faced during the first quarter, including adverse weather conditions and a dynamic global environment, the fundamentals of our business remain strong. As we move forward, we remain cautiously optimistic, supported by our ability to adapt quickly and leverage our competitive advantages to drive growth throughout the year.”

Last modified on 23 April 2025
Published in Global Cement News
Tagged under
  • Mexico
  • US
  • GCC
  • Results
  • Americas
  • GCW706
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