Cemex - July 2018

Cemex' first-half turnover increased by 7.4 per cent to US$7184.9m, while EBITDA edged ahead by 0.2 per cent to US$1251.3m. The trading profit, however, declined by 16.2 per cent to US$805.2m while net interest payments declined by 37.6 per cent to US$335.4m and the pretax profit improved by 24.6 per cent to US$539.4m. A US$102.0m tax charge against a credit a year earlier, gave a net attributable profit of US$416.2m compared with US$626.0m. Equity shareholders' funds improved by 2.2 per cent by the end of June to US$9517.4m. Of the debt, 58 per cent is at fixed rates.

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