Investor Presentaiton
US: Strong pricing momentum but profitability impacted
by supply chain disruption
CEMEX
Building a better future
•
Robust top line growth driven by pricing strategy, with double-digit YTD price.
growth for our products
.
Sequential price improvement of 4% to 10% for three core products
Cement industry demand'
I&C
15%
Residential
30%
•
EBITDA margin impacted by higher energy, maintenance, imports and logistics.
55%
.
With 80% of annual scheduled shutdowns in 1H22 and less pressure on supply
chain, we expect margins to improve in 2H22
Infrastructure
•
Slight decline in cement volumes a consequence of low inventories, heavy
maintenance, and import disruptions
EBITDA
$M
-24%
•
Expecting industrial & commercial to continue growing due to onshoring of
manufacturing activity
•
New Infrastructure Investment and Jobs Act should yield incremental demand
as we head into 2023
2Q21
2Q22
•
Guiding for low single-digit increase volume growth in all core products for 2022
EBITDA
18.7%
12.5%
margin
18
1) CEMEX estimatesView entire presentation