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CX News and Press, Cemex S.A.B. de C.V. Sponsored ADR From 06/27/22

Stock Information

Company Name: Cemex S.A.B. de C.V. Sponsored ADR
Stock Symbol: CX
Market: NYSE
Website: cemex.com

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CX - CEMEX Continues to Lead in Climate Action With Its New Green Financing Framework

The new Green Financing Framework is the first of its kind in the building materials sector. The Framework enables CEMEX to issue green financing instruments in alignment to its CO 2 reduction efforts. It increases the reach of the previously announced Sustainability-Linke...

CX - Berenberg downgrades Cemex to hold

Berenberg has downgraded its rating on Cemex (NYSE:CX) from buy to hold. The price target was set to $5, implying a 22% increase from the last closing price. Berenberg's rating is line with SA Quant Rating rating of hold, but is in contrast to Wall St. Analysts' Rating of buy (6 Very Bullish,...

CX -  Cemex and Partners Inaugurate the Carbon Neutral Alliance at Rüdersdorf Cement Plant

Prof. Jörg Steinbach, Brandenburg’s Minister of Economy; CEMEX’s CEO, Fernando A. González; Marius Brand, Executive Vice President of Sasol: Sasol 2.0 Transformation; Dr. Helge Sachs, Senior Vice President of Sasol ecoFT, and the Mexican Ambassador for Germany,...

CX - CEMEX to Operate Fully on Alternative Fuels at UK Cement Plant

CEMEX completes significant investment in new alternative fuel facility at its Rugby cement plant. Investment aims to eliminate fossil fuel usage at the Rugby cement plant and allow to operate on 100% alternative fuels. New facility is expected to produce carbon saving equival...

CX - ENACOMM Demonstrates at 2022 Corelation Client Conference Why Nearly Half of Corelation Credit Union Clients Choose ENACOMM

ENACOMM empowers credit unions to affordably deliver modern member experience outside the branch San Diego, CA - ( NewMediaWire ) - May 18, 2022 - ENACOMM, a FinTech provider that empowers financial institutions with affordable, data-driven solutions that evolve the customer experience, i...

CX - Vertua Low-Carbon to Account for Majority of Cement and Concrete Sales By 2025

CEMEX establishes aggressive 2025 goal for Vertua cement and concrete sales. Growth in Vertua cement and concrete volumes reflecting significant customer adoption. Customers around the world using Vertua products for landmark projects. CEMEX, S.A.B. de C.V. (...

CX - CEMEX SAB de CV (CX) CEO Fernando Gonzalez on Q1 2022 Results - Earnings Call Transcript

CEMEX SAB de CV (CX) Q1 2022 Earnings Conference Call April 28, 2022 10:00 AM ET Company Participants Lucy Rodriguez - EVP, IR, Corporate Communications & Public Affairs Fernando Gonzalez - CEO Maher Al-Haffar - CFO and EVP, Finance & Administration Conference Call Participants Franci...

CX - Cemex (CX) Q1 2022 Earnings Call Transcript

Image source: The Motley Fool. Cemex (NYSE: CX) Q1 2022 Earnings Call Apr 28, 2022 , 10:00 a.m. ET Operator Continue reading For further details see: Cemex (CX) Q1 2022 Earnings Call Transcript

CX - Cemex posts Q1 earnings topper despite big drop in net profit

Cemex (NYSE:CX) bounces off YTD lows Thursday after reporting better than expected Q1 earnings and revenues, even as net profit fell 70% from a year ago when it benefited from a one-time $600M gain from asset sales. Q1 net profit of $198M, or $0.13/ADS, from $665M in the year-earlier quarter,...

CX - Cemex GAAP EPADS of $0.13 beats by $0.04, revenue of $3.77B beats by $150M

Cemex press release (NYSE:CX): Q1 GAAP EPADS of $0.13 beats by $0.04. Revenue of $3.77B (+11.9% Y/Y) beats by $150M. Operating EBITDA in the first quarter of 2022 reached US$691 million, increasing 3% on a like-to-like basis for the ongoing operations and for foreign exchange fluctuations. Du...

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