Editorial

It’s a new year, and that means everyone has an analysis of the cement market. I attended the Intercem conference in Miami last October, and Colin...
More inEditorial  

Cement Newsline

HeidelbergCement announced a succession plan that will see an early-2020 shift of executives on the managing board. Upon conclusion of his third term at the end of January 2020, Dr. Bernd Scheifele will vacate his role of chairman of the managing board, and will stand as supervisory board chair...
More inLatest  

Features

Use Integrated Monitoring Networks to Reinforce Safe Working Conditions and Provide Input for Ongoing Data-Driven Mine Planning Decisions. By Phil...
More inFeatures  

Latest Digital Edition

Cement Products

Increased production pressures have sparked a rise in inquiries regarding rapid dry-out materials. Often, the inquirer wants to use a rapid-fire material to reduce the downtime of their furnace equipment. However, businesses looking for a good balance of refractory properties should consider...
More inProducts  

Cemex Reports Third-Quarter 2013 Results

Cemex, S.A.B. de C.V. announced that consolidated net sales reached $4.0 billion during the third quarter of 2013, an increase of 3 percent versus the comparable period in 2012. Operating EBITDA increased by 2 percent during the quarter to $747 million versus the same period in 2012.

Fernando A. González, executive vice president of finance and administration, said: “We are pleased to report continued growth in operating EBITDA on a year-over-year basis supported by the increase in our volumes in most of our regions and an increase in our consolidated prices in local-currency terms for our three main products on a year-over-year basis. We continue to be focused on our company-wide efforts to improve our operating efficiencies and the value we generate from our asset base while delivering better value to our customers.”

Net sales in operations in Mexico decreased 11 percent in the third quarter of 2013 to $776 million, compared with $875 million in the third quarter of 2012. Operating EBITDA decreased by 21 percent to $248 million versus the same period of last year.

The company’s operations in the United States reported net sales of $891 million in the third quarter of 2013, up 8 percent from the same period in 2012. Operating EBITDA increased to $78 million in the quarter, versus a gain of $27 million in the same quarter the previous year.

Cemex’s operations in South America, Central America and the Caribbean reported net sales of $596 million during the third quarter of 2013, representing an increase of 15 percent over the same period of 2012. Operating EBITDA increased 19 percent to $210 million in the third quarter of 2013, from $177 million in the third quarter of 2012.

Let's stay in touch!

All of the latest news and our digital edition sent to your inbox once a week.

We'll never share your email address, and you can opt out at any time, we promise.

Resource Center