Investor Presentaiton
MEAA: Robust performance in Israel and Egypt
ПCEMEX
Building a better future
MEAA Cement
industry demand'
Residential
29%
41%
•
In Israel, strong construction activity continued, with ready-mix and
aggregates volumes and sequential pricing achieving mid-single digit growth
In Egypt, EBITDA keeps improving, driven by industry rationalization plan
announced by the government last year
In the Philippines, cement volumes declined 11% mainly as a result of bad
weather and construction contract ban in leadup to election. Cement prices
grew 3% sequentially, the fifth consecutive quarter of improvement
Expecting flat to low single-digit decline in cement volumes in the Philippines,
while flat and low single-digit volume growth for ready-mix and aggregates,
respectively, in Israel, for 2022
I&C
Infrastructure
1) CEMEX estimates
2) Percentages before intercompany eliminations. MEAA: Middle East, Africa and Asia
30%
2021 MEAA EBITDA
by country²
Egypt
7%
Israel
48% Philippines
45%
20
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