Fourth Quarter 2022 Growth and Climate Action
Key highlights in
Fourth Quarter 2022
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Top line growing double-digit
CEMEX
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17% to 20% price growth
.
EBITDA growth in regions representing ~90% of Net Sales
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Record 4th quarter EBITDA in the US
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Growing evidence of margin recovery
Growth investments contributed to ~$100 M of incremental
EBITDA in 2022
~$600 M of divestments during 2022
Credit rating upgrade to "BB+" from S&P
Duo Towers, Paris, France
Built with Vertua Concrete, part of our Vertua family of sustainable
preacts
Achieved SBTI's validation for our new 2030 targets and 2050 net zero
goal, under their newly announced 1.5°C scenario
Record reduction in CO2 emissions in 2022
Launch of Regenera, our global waste management business, contributing
to a more circular society
Net income, proforma for non-cash goodwill impairment, rose 36%
ROCE at 12.1%², well above our cost of capital
1) Highest reported 4th quarter EBITDA since 2007 2) Trailing twelve months as of December 2022, excluding goodwill
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