Cemex suspends 1Q guidance

Cemex suspends 1Q guidance
Published: 23 March 2009

Cemex announced that it is suspending its quarterly guidance announcement, a long-standing company practice, due to the firm’s ongoing refinancing discussions and uncertainty in its markets.

The company has traditionally provided interim guidance every quarter about two weeks prior to quarter-end, which usually includes EBITDA expectations and an update on volume trends in Cemex‘s main markets.