CX - Cemex Remains Set For Better Results Even With Higher Costs Taking A Bite
- Cemex's fourth quarter results came up short, with costs taking a bigger bite as pricing actions lagged rising energy costs.
- Demand in the U.S. remains strong, with limited incremental supply, and Europe's demand/supply balance is improving more than the market seems to recognize.
- Softer demand in Mexico is a threat in 2022, as is the risk of even more intense cost pressure.
- Cemex isn't getting credit for the improvements to the business and the healthy demand outlook for the next three-plus years, and these shares are worth a closer look.
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Cemex Remains Set For Better Results, Even With Higher Costs Taking A Bite