
Cemex, a leading Mexican cement producer, is anticipating a recovery in demand in the United States, its largest market, following a decline in sales volumes for 2024. The company reported net earnings of $939 million in 2024, a 415% increase compared to $182 million in 2023, although the latest quarterly earnings of $48.31 million fell short of expectations. To address the drop in sales, Cemex is implementing a cost-saving program aimed at achieving an additional $350 million in savings and increasing profitability by $150 million. The company's recent performance has been bolstered by strategic divestments.
Cemex reporta beneficios récord en 2024 gracias a estrategias de desinversión https://t.co/giAMT5Yafw
#QueNoSeTePase | La cementera regiomontana anunció un programa de ahorros para alcanzar un incremento en la utilidad de 150 millones de dólares. 🧱 https://t.co/jwpRqU0Q4e https://t.co/nL72kX4235
Las ganancias netas del consorcio mexicano Cemex, uno de los mayores productores de cemento del mundo, subieron un 415 % en 2024 hasta un récord de 939 millones de dólares, cerca de cinco veces los 182 millones de dólares que ganó en 2023. https://t.co/SrAqkeFv8q