CEMEX Third Quarter 2022 Results slide image

CEMEX Third Quarter 2022 Results

SCAC: Sales growth mainly due to strong price contribution/CEMEX Top line performance driven by 15% increase in cement prices • Cement performance reflects bagged cement rebalancing as well as operational and weather issues in the Dominican Republic • Formal sector continues improving as evidenced by ready mix and aggregates performance The decline in EBITDA and EBITDA margin largely resulted from higher energy costs, lower cement volumes, as well as geographic and product mix • In Colombia, cement volumes declined 5% as a result of our pricing strategy • In the Dominican Republic, with our production largely sold out and low inventories, cement volumes declined double digit due to kiln stoppage as well as Hurricane Fiona • In Colombia, guiding for flat cement volumes and mid teens increase for ready-mix Expecting Dominican Republic cement volumes to have a low single digit decline and increasing in the low teens for ready-mix Cement industry demand' I&C 17% Infrastructure 21% 62% Panama Nicaragua 3Q22 YTD EBITDA by country² 10% Guatemala 10% Other 8%4% Residential Dominican 33% Republic CEMEX estimates Percentages before intercompany eliminations. 20% 16% Colombia TCL Group 21
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