Q1 2022 & FY 2021 Results
SALES VOLUMES AND PRICES
Q1-22 vs Q1-21
2021 vs 2020
Cement volumes
U.S.
10.3%
5.6%
Mexico
-4.7%
6.9%
Concrete volumes
U.S.
15.7%
-19.1%
Mexico
9.2%
19.1%
10.3%
UNITED STATES (U.S. DOLLARS)
1.3%
Q1-22 vs Q1-21
Percentage changes are based on actual results, before rounding
GCC
The most dynamic U.S. market segments during the quarter were industrial warehouse
construction and the oil gas sector
U.S. performance and market conditions were better than expected
Mexican customers built up inventory at year's end
Mexico sales during the quarter were primarily driven by demand related to industrial
warehouse construction, commercial and housing projects and strong mining activity
GCC AVERAGE SELLING PRICES, % CHANGE
8.9%
5.1%
2021 vs 2020
11.7%
8.1%
Q1-22 vs Q1-21
MEXICO (PESOS)
4.2%
Cement (per mton)
6.2%
Concrete (per m3)
2021 vs 2020
Mexico cement prices include only domestic cement prices to exclude the effect of the exchange rate on cement exports
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