Cement News tagged under: EBITDA margin

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Cemex set to reach its 2021 EBITDA guidance of US$3.1bn

02 August 2021, Published under Cement News

After Cemex reported strong 2Q21 results and reiterating US$3.1bn EBITDA guidance for 2021, market analysts UBS state that it has confidence that the company will reach its 2021 EBITDA guidance of US$3.1bn.  This was the company's strongest financial performance in the last decade. In Mexico Cemex recorded positive results in the 2Q21 mainly on the back of strong volumes and prices. Net sales in Mexico increased 65 per cent YoY and EBITDA expanded 82 per cent YoY, driven by bagged cement...

Higher fuel and power costs affect Mexican cement producers

22 November 2018, Published under Cement News

EBITDA margins of Cemex, Moctezuma, Cementos Chihuahua and Elementia have contracted by 0.5-2 percentage points in the 3Q18  as fuel and power costs in Mexico have risen. "At least half of the increase in costs was due to increases in energy, both electricity and energy, whose prices are dollarised," said Carlos García, infrastructure analyst at Signum Research. In the case of Cemex, the company’s overall EBITDA margin fell by 1.1 percentage points to 18.8 per cent while in Mexico, its ope...

Indonesia heats up

23 June 2015, Published under Cement News

Domestic cement demand in Indonesia is expected to grow strongly in the future, largely driven by infrastructure developments and an improved economic outlook. However, the current high margins enjoyed by local producers look set to come under pressure as new capacity comes on-stream and competition heats up. By Isnaptura Iskandar, Maybank Kim Eng Securities, Indonesia. A healthy economic outlook and infrastructure are likely to underpin demand going foward Indonesia’s peaceful ...