Cement News tagged under: 3Q14
3Q14 results: Cemex’ gearing stands at 157%24 October 2014, Published under Cement NewsDuring the first nine months of the year, Cemex’ turnover increased by 4.6 per cent to US$11,870.9m while the EBITDA was 1.8 per cent higher at US$2037.1m. The trading profit advanced by 24.2 per cent to US$1150.2m and the net interest charge rose by 11.2 per cent to US$1266.6m. The pretax result went from a US$174.3m loss to a profit of US$132.2m. A 7.1 per cent lower tax charge led to a net attributable loss 44.5 per cent lower at US$325.9m. The net debt at the end of September was 1.8 per... |
Cemex: Colombia and Panama boost 3Q14 results23 October 2014, Published under Cement NewsCemex Latam Holdings SA (CLH) reported consolidated net sales of US$1.324bn during 9M14, reflecting a three per cent YoY rise. Net sales experienced a three per rise drop in 3Q14 when compared to 3Q13 as revenues from housing solutions projects were lower. After adjusting for this effect, consolidated net sales rose by five per cent during 9M14 and by six per cent in 3Q14, on a YoY basis. Carlos Jacks, CEO of CLH, said: “During the third quarter we continued to enjoy a favourable demand en... |
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