Cemex reported net profit attributable to controlling shareholders of US$407m for the third quarter of 2026, up from US$264m a year earlier, supported by higher prices, growing cement volumes and its Project Cutting Edge efficiency programme.

Revenue increased eight per cent YoY to US$4.59bn from US$4.25bn. Operating EBITDA rose 12 per cent to US$990m from US$882m, with the margin widening to 21.6 per cent from 20.8 per cent. EBIT increased 19 per cent, although the release did not disclose its absolute value. On a like-for-like basis, sales and operating EBITDA grew five and nine per cent, respectively. 

Mexico led earnings growth, with operating EBITDA rising 30 per cent to US$480m on stronger cement demand and cost efficiencies. US sales increased five per cent, but operating EBITDA fell four per cent to US$259m. European, Middle Eastern and African EBITDA grew four per cent to US$257m as pricing and efficiencies outweighed higher energy costs.

Quarterly free cash flow from operations rose 34 per cent to a 3Q record of US$723m.
Cemex also sold its Atlanta ready-mix and recycled-concrete assets and entered exclusive negotiations with Vicat over assets in southeastern France. Completed and announced disposals under its asset-pruning programme exceed US$200m, with proceeds earmarked for strategic investments.

January-September 2026
Cemex reported revenue of US$13.20bn for the nine months ended 30 September 2026, up 10 per cent from US$11.95bn a year earlier, supported by higher prices, cement volume growth and its Project Cutting Edge efficiency programme.

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Operating EBITDA increased 22 per cent to US$2.80bn in the 9M26 from US$2.30bn in the 9M25, with the margin expanding to 21.2 per cent from 19.2 per cent. On a like-for-like basis, revenue and EBITDA rose five per cent and 16 per cent, respectively. However, net profit attributable to controlling shareholders fell 25 per cent to US$982m from US$1.32bn. The release did not explain the decline or disclose 9M EBIT.

Mexico drove earnings growth, with EBITDA increasing 39 per cent to US$1.43bn. EBITDA rose 18 per cent in Europe, the Middle East and Africa, and 15 per cent in South, Central America and the Caribbean. US EBITDA declined five per cent to US$697m.

Free cash flow from operations increased 194 per cent to US$1.4bn. Cemex intends to reinvest proceeds from its asset-pruning programme into strategic opportunities; completed and announced disposals since the programme began exceed US$200m.