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CEMEX reveals strategy for EBITDA growth

22 March 2024, Published under Cement News

CEMEX has outlined its strategy to achieve high single-digit EBITDA growth in the medium term. According to the company, since 2020 it has focussed on rebalancing its portfolio towards the US, increasing its percentage of EBITDA contribution from 24 to 29 per cent. CEMEX now intends to increase this to 40 per cent by expanding its growth capex and investing divestment proceeds to the region.  Speaking at an investor day in New York, Fernando A González, CEO at CEMEX, said that the focus...