Cement News tagged under: Cemex Latin America Holdings
Cemex LatAm Holdings sees improved profitability in most markets06 February 2014, Published under Cement NewsCemex Latin American Holdings (CLH) has reported 10 per cent increase in turnover for 2013 against the pro-forma numbers for the previous year and improved profitability was seen in most of Cemex LatAm's markets. EBITDA increased by 16 per cent driven by higher volumes, along with lower maintenance and fuel costs and lower distribution expenses, compared to pro forma 2012. EBITDA margins increased by 1.8 percentage points reaching 36.2 per cent, compared to 2012. The increased profitabil... |
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