Cemex SAB de CV reported second-quarter net profit of US$318 million on revenue of US$4.1 billion, beating analysts’ estimate of roughly US$246 million. Operating EBITDA came in at US$823 million, broadly in line with market expectations of about US$828 million, keeping the margin at 20 percent. Performance was driven by a 23 percent comparable rise in EBITDA from Europe, the Middle East and Africa, which offset a 6 percent drop in the United States, where unfavorable weather and weak residential construction weighed on demand. The Mexican cement maker said it continues to benefit from USMCA exemptions that shield its U.S. exports from tariffs. Building on an ongoing restructuring program, Cemex lifted its 2025 cost-savings target to US$200 million from US$150 million and reaffirmed a run-rate savings goal of US$400 million by 2027. Management reiterated that full-year 2025 EBITDA should be flat with potential upside. The company, which regained investment-grade status with S&P Global Ratings last year, sold US$1 billion in bonds in June to refinance debt and fund prospective acquisitions of small and mid-sized businesses. Cemex shares have gained 26 percent on the Mexican exchange so far in 2025.