Mexico's Cemex Posts Higher 3Q Sales, Lower Net Profit

Dow Jones
10/28
 

By Anthony Harrup

 

MEXICO CITY--Mexico's Cemex posted higher sales and operating gains in the third quarter, while net profit fell from a year earlier when results were boosted by asset sales.

The Monterrey, Mexico-based building materials company made a profit of $264 million or 16 cents an American depositary share for the July-September period, down from $406 million in the year-earlier quarter. Adjusted for the effect of assets sales last year, profit rose 8%.

Sales were up 5% from the year-earlier quarter at $4.25 billion, with growth in Central and South America and the Caribbean, Europe, the Middle East and Africa. Sales were lower in Mexico and the U.S., but trends in those markets improved, Cemex said.

Cement sales by volume were flat at 11.1 million metric tons. Ready mix concrete volume slipped 1% to 11.2 cubic meters and aggregates volume was down 1% at 35.1 million metric tons.

Earnings before interest, taxes, depreciation and amortization rose 19% to $882 million with increases in all regions, supported by operating efficiencies and higher prices. Cemex said its cost efficiency program generated Ebitda savings of $90 million in the quarter, and that it expects to meet its $200 million savings target for the full year.

The company kept its 2025 Ebitda growth estimate flat "with potential upside."

 

Write to Anthony Harrup at anthony.harrup@wsj.com

 

(END) Dow Jones Newswires

October 28, 2025 08:38 ET (12:38 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10