CEMEX Third Quarter 2022 Results
Key highlights in
Third Quarter 2022
•
.
Double-digit growth in Sales.
CEMEX
15% to 20% price growth for cement, ready-mix and
aggregates
YTD prices increasingly covering cost inflation in dollar terms
EBITDA and margin impacted by relentless input cost
inflation, particularly in energy
US and EMEA regions with important EBITDA growth
Urbanization Solutions Sales and EBITDA growing double-digit
.
Aligning decarbonization goals with most ambitious 1.5°C scenario
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~4% reduction in CO2 emissions vs 2021
.
Credit rating upgrade to "BB+" from S&P in Dec'22 and MSCI ESG score
upgraded to "A"
Almost $600 M of divestments YTD
QoQ reduction of ~$540 M in total debt, with leverage at 2.82x
Net income higher by ~$450 M vs 3Q21
ROCE at 12.7%², well above our cost of capital
4
Reforma Tower, Mexico City, Mexico.
1) On a like to like basis excluding goodwill impairment charges
2) Trailing twelve months as of September 2022, excluding goodwill
Built with Fortis, part of our Vertua family of sustainable productsView entire presentation