Cemex Fourth Quarter Earnings Call
18th April 2008 00:00 AM |
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| Q4 EBITDA rose 4% to $934 million and 16% to $4.1 billion for the full year, driven by international presence and global diversification strategy. |
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| Despite the weak performance in the U.S., the global building solutions company posted consolidated net sales increase of 13% in Q4 of 2006 to $4.5 billion versus the same period last year. The sales increase was due to higher cement, ready-mix and aggregates volumes and better supply dynamics in most of the Cemex markets. The management will continue exercising caution with Q1 fiscal 2007 EBITDA forecast to be 2% higher to $830 million than year ago quarter. |
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Cemex SAB de CV First Quarter 2007 Eranings Call
27th June 2007 00:00 AM |
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| The company’s net sales were $4.3 billion, up 9% from a year earlier. EBITDA grew 6% to $868 million compared to the same period in 2006. |
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| The global building-solutions company said that excluding one-time antidumping settlement proceeds from 2006, profits rose 12%. The management attributed the good performance in the quarter to higher cement and aggregates volumes, and better supply-demand dynamics in most of the company’s markets. While sales in Mexican and foreign markets continued to be strong, net sales in the United States decreased 20%. |
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