CX News and Press, Cemex S.A.B. de C.V. Sponsored ADR From 02/15/23

Summary CEMEX posted another mixed quarter, with a return to profit growth in Mexico, but weaker-than-expected EBITDA overall. Weaker volumes in 2023 don't surprise me, particularly given a weak U.S. housing outlook, but U.S. infrastructure projects and nearshoring in Mexico support a s...

The following slide deck was published by CEMEX, S.A.B. de C.V. in conjunction with their 2022 Q4 earnings call. For further details see: CEMEX, S.A.B. de C.V. 2022 Q4 - Results - Earnings Call Presentation

CEMEX, S.A.B de C.V. (CX) Q4 2022 Earnings Conference Call February 13, 2023 10:00 AM ET Company Participants Louisa Rodriguez - EVP, IR Fernando Gonzalez - CEO Maher Al-Haffar - CFO Conference Call Participants Carlos Peyrelongue - Bank of America Benj...

Cemex ( NYSE: CX ) -3.6% in early trading Monday after posting an unexpected Q4 loss due mostly to large impairments, while higher prices helped revenues rise 8% Y/Y to $3.87B. Cemex ( CX ) swung to a Q4 net loss of $99.1M, or $0.12/ADS, which includes $442M of impairments...

Cemex press release ( NYSE: CX ): Q4 GAAP EPADS of -$0.12. Revenue of $3.87B (+8.4% Y/Y). Operating EBITDA in the fourth quarter of 2022 reached US$630 million, decreasing 1% on a like-to-like basis. EBITDA was higher in in three of our four regions, with the ...

CEMEX, S.A.B. de C.V. (“CEMEX”) announced today that Volvo Trucks has supplied it with the world’s first fully electric and zero-emission heavy concrete mixer truck at a joint event in Berlin, Germany. The truck is the latest development of an agreement signed between the com...

CEMEX, S.A.B. de C.V. (“CEMEX”) announced today the launch of Regenera, a business that provides circularity solutions, including reception, management, recycling, and coprocessing of waste. Regenera leverages CEMEX’s global footprint and the ability of its production process...

Summary EWW is up 15% over the past year, strongly outperforming global equity markets. Better-than-expected economic data alongside a surging Peso currency explain some of the strength. We like the fund as a good option to capture targeted exposure to Mexican stocks with a positive...

Summary Cemex has underperformed, with investors fretting about both a weaker demand environment in 2023 and underwhelming profitability at this global cement giant. Management continues to talk a lot about environmental/sustainability and growth initiatives, but I want to hear what the...

CEMEX is among the first companies in the global cement industry to validate its 2030 carbon reduction goals through the SBTi for alignment under its 1.5ºC scenario. CEMEX’s goals are among the most ambitious in the industry. CEMEX, S.A.B. de C.V. (“CE...