1Q22 Earnings Report slide image

1Q22 Earnings Report

SCAC: Improved conditions paving the way for successful pricing • Strong top-line growth of 9% driven by pricing. CEMEX Building a better future Cement industry demand' With high-capacity utilization in most countries within the region, cement prices increased 9% YoY I&C 17% Infrastructure 21% • Formal sector activity continues accelerating while bagged cement moderates 62% • Regional EBITDA declined 3% mainly as a result of higher energy costs. Residential • Announced second round of price increases, effective April 1st, in markets that represent ~30% of cement volumes Favorable expected outlook for cement volumes in Colombia (low-single digit increase) driven by infrastructure and a healthy formal housing sector Expecting Dominican Republic cement volumes to be flat, coming from a 22% increase in 2021, supported by tourism projects and formal housing Reopened a kiln in Dom. Rep. that will increase production capacity by 0.5M MT 2021 SCAC EBITDA by country² Other Panama Nicaragua 7% 5% 8% 31% Dominican Republic Guatemala 13% 1) CEMEX estimates 2) Percentages before intercompany eliminations. 15% 21% Colombia TCL Group 22
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