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Cemex SAB de CV (CMXCPO.MX)

CMXCPO.MX on Mexico Stock Exchange

10.15MXN
16 Nov 2018
Change (% chg)

$0.15 (+1.50%)
Prev Close
$10.00
Open
$10.00
Day's High
$10.31
Day's Low
$9.98
Volume
43,777,962
Avg. Vol
31,512,410
52-wk High
$15.80
52-wk Low
$9.50

Latest Key Developments (Source: Significant Developments)

Cemex Consolidated Q3 Net Sales Increased By 8 Pct To $3.7 Bln
Thursday, 25 Oct 2018 

Oct 25 (Reuters) - Cemex SAB de CV ::CEMEX REPORTS 8% INCREASE IN SALES AND 2% IN OPERATING EBITDA DURING THE THIRD QUARTER OF 2018.CEMEX SAB DE CV - CONSOLIDATED NET SALES INCREASED BY 8% DURING Q3 OF 2018 TO US$3.7 BILLION.CEMEX SAB DE CV - OPERATING EBITDA, ALSO ON A LIKE-TO-LIKE BASIS, INCREASED BY 2% DURING Q3 OF 2018, REACHING US$704 MILLION.CEMEX SAB DE CV - OPERATING EARNINGS BEFORE OTHER EXPENSES, NET, IN Q3 INCREASED BY 2%, TO US$490 MILLION ON A LIKE-TO-LIKE BASIS.CEMEX SAB DE CV - INTEND TO PROPOSE AT ANNUAL SHAREHOLDERS' MEETING NEXT YEAR CASH DIVIDEND PROGRAM FOR SHAREHOLDERS STARTING IN 2019 OF $150 MILLION.CEMEX SAB DE CV - INCREASE IN Q3 SALES DUE TO HIGHER PRICES OF PRODUCTS, IN LOCAL CURRENCY TERMS IN MOST OF CO'S REGIONS.CEMEX SAB DE CV - ON COST-REDUCTION EFFORTS, EXPECT TO IMPLEMENT DIFFERENT INITIATIVES BY END OF THE YEAR.CEMEX SAB DE CV - INCREASE IN Q3 SALES ALSO DUE TO HIGHER VOLUMES IN MEXICO, U.S., AND OUR EUROPE AND ASIA, MIDDLE EAST & AFRICA REGIONS.  Full Article

Cemex Posts 32 Pct Increase In Q2 Net Income
Thursday, 26 Jul 2018 

July 26 (Reuters) - Cemex SAB de CV ::CEMEX ANNOUNCES AN INCREASE IN NET INCOME OF 32% DURING THE SECOND QUARTER AND A COMPREHENSIVE PLAN TO ENHANCE TOTAL SHAREHOLDER RETURN.CONTROLLING INTEREST NET INCOME DURING THE QUARTER WAS US$382 MILLION FROM AN INCOME OF US$288 MILLION IN THE SAME PERIOD OF 2017..OPERATING EARNINGS BEFORE OTHER EXPENSES, NET, IN THE SECOND QUARTER INCREASED BY 8%, TO US$504 MILLION ON A LIKE-TO-LIKE BASIS..ON A LIKE-TO-LIKE BASIS FOR ONGOING OPERATIONS AND ADJUSTING FOR CURRENCY FLUCTUATIONS, CONSOLIDATED NET SALES INCREASED BY 7% TO US$3.8 BILLION.QTRLY TOTAL DEBT PLUS PERPETUAL NOTES DECREASED BY US$462 MILLION DURING THE QUARTER.QTRLY OPERATING EBITDA ON A LIKE-TO-LIKE BASIS INCREASED BY 4% DURING QUARTER COMPARED TO SAME PERIOD IN 2017, TO US$714 MILLION.DURING NEXT 2.5 YEARS, TO WORK TO OPTIMIZE PORTFOLIO AND SELLING BETWEEN US$1.5 AND 2 BILLION OF ASSETS.ANNOUNCING PLAN DESIGNED TO REPOSITION OUR PORTFOLIO TOWARD HIGHER GROWTH.TO ALSO IMPLEMENT ACTIONS TO ACHIEVE US$150 MILLION IN COST SAVINGS AS AN OPPORTUNITY TO CONTINUE IMPROVING PROFITABILITY.TO RETURN CAPITAL TO SHAREHOLDERS THROUGH AN ANNUAL CASH DIVIDEND STARTING WITH US$150 MILLION IN 2019.  Full Article

Cemex, GCC announce pricing of stake in Grupo Cementos De Chihuahua
Friday, 10 Feb 2017 

Cemex Sab De Cv : Cemex and GCC announce pricing of 15.6% stake in grupo cementos de chihuahua . Cemex Sab De Cv says priced secondary offerings of 51.8 million shares of GCC, currently owned by CEMEX, at price of mexican pesos 95 per share .Says announced they priced their secondary offerings of 51.8 million shares of common stock of gcc.  Full Article

Cemex says US securities commission investigates new cement plant in Colombia
Monday, 12 Dec 2016 

Cemex SAB de CV : Said on Friday received a subpoena from United States Securities and Exchange Commission (SEC) seeking information to determine whether there have been any violations of the US Foreign Corrupt Practices Act (FCPA) . Says subpoena is related to irregularities reported by CEMEX regarding new cement plant being built by CEMEX Colombia [nL2N1C000Z] . Says at this point is unable to predict the duration, scope, or outcome of the SEC investigation or any other investigation that may arise .Says does not expect this matter to have a material adverse impact on its consolidated results of operations, liquidity or financial position.  Full Article

EMERGING MARKETS-Latam currencies gain, set to snap six-session losing run

(Recasts, updates prices, adds quote) By Aaron Saldanha and Susan Mathew Nov 14 Latin American currencies were on track to snap a six-session losing run on Wednesday, with the dollar tepid after the release of U.S. consumer inflation data. Mexico's peso and stocks managed to gain some ground, midway through what has been a brutal week for them, while the dollar remained soft as data showed U.S. consumer prices grew in line with forecasts in October. Sacha Tihanyi, de