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Cemex SAB de CV (CMXCPO.MX)

CMXCPO.MX on Mexico Stock Exchange

7.53MXN
5:30pm BST
Change (% chg)

$-0.07 (-0.92%)
Prev Close
$7.60
Open
$7.62
Day's High
$7.63
Day's Low
$7.51
Volume
5,849,641
Avg. Vol
33,294,836
52-wk High
$14.10
52-wk Low
$7.51

Latest Key Developments (Source: Significant Developments)

Cemex SAB de CV Posts Q1 Revenue Of $3.2 Billion
Thursday, 25 Apr 2019 

April 25 (Reuters) - Cemex SAB de CV ::CONSOLIDATED NET SALES INCREASED 1% DURING Q1 ON A LIKE-TO-LIKE BASIS..Q1 REVENUE $3.2 BILLION.Q1 EBITDA $562 MILLION.  Full Article

Cemex Ventures And Tekfen Ventures Sign Collaboration Agreement
Tuesday, 26 Mar 2019 

March 26 (Reuters) - CEMEX VENTURES: :CEMEX VENTURES AND TEKFEN VENTURES SIGN COLLABORATION AGREEMENT.CEMEX VENTURES - COLLABORATION SEEKS TO PROMOTE GENERATION OF NEW BUSINESS MODELS WITH PLAYERS IN CONSTRUCTION ECOSYSTEM.  Full Article

Cemex SAB De CV Sees $230 Mln Of Cost Initiatives Of Which $170 Mln Expected To Be Realized In 2019
Wednesday, 20 Mar 2019 

March 20 (Reuters) - Cemex SAB de CV ::CEMEX SAB DE CV SEES $230 MILLION OF COST INITIATIVES OF WHICH $170 MILLION EXPECTED TO BE REALIZED IN 2019.CEMEX - IN 2019, EXPECTING CONSOLIDATED VOLUME GROWTH ACROSS ALL PRODUCTS ON BACK OF STRONGER INFRASTRUCTURE SPENDING IN MOST MARKETS - PRESENTATION.CEMEX - IN 2019, SEE POSITIVE PRICING OUTLOOK.CEMEX - AS PART OF MEDIUM TERM FINANCIAL TARGETS, SEE EBITDA MARGIN OF MORE THAN 20 PERCENT.CEMEX SAB DE CV - AS PART OF MEDIUM TERM FINANCIAL TARGETS, SEE FCF CONVERSION OF MORE THAN 50 PERCENT.CEMEX SAB DE CV SAYS ON TRACK TO REACH 2020 ASSET SALE TARGET.  Full Article

Cemex Reaches Binding Agreement To Divest Aggregates And Ready-Mix Assets In Germany
Tuesday, 19 Mar 2019 

March 19 (Reuters) - Cemex SAB de CV ::CEMEX REACHES BINDING AGREEMENT TO DIVEST AGGREGATES AND READY-MIX ASSETS IN GERMANY.PROPOSED DEAL FOR FOR APPROXIMATELY EUR 87 MILLION..CURRENTLY EXPECTS TO SIGN A FINAL AGREEMENT FOR SALE OF ASSETS DURING APRIL 2019 AND CLOSE DIVESTMENT DURING Q2 OF 2019.PROCEEDS EXPECTED TO BE OBTAINED FROM DIVESTMENT WILL BE USED MAINLY FOR DEBT REDUCTION AND GENERAL CORPORATE PURPOSES.AGREEMENT TO SELL AGGREGATES & READY-MIX ASSETS IN NORTH AND NORTH-WEST REGIONS OF GERMANY TO GP GÜNTER PAPENBURG AG.  Full Article

Cemex Announces Divestment Of Assets In The Baltics And Nordics
Wednesday, 20 Feb 2019 

Cemex SAB de CV ::CEMEX ANNOUNCES DIVESTMENT OF ASSETS IN THE BALTICS AND NORDICS.CEMEX SAB DE CV - PROPOSED DEAL FOR APPROXIMATELY EUR 340 MILLION..CEMEX SAB DE CV - NORDIC ASSETS BEING DIVESTED CONSIST OF 3 IMPORT TERMINALS IN FINLAND, 4 IMPORT TERMINALS IN NORWAY AND 4 IMPORT TERMINALS IN SWEDEN.CEMEX SAB DE CV - PROCEEDS EXPECTED TO BE OBTAINED FROM THIS DIVESTMENT WILL BE USED MAINLY FOR DEBT REDUCTION AND FOR GENERAL CORPORATE PURPOSES..CEMEX SAB DE CV - CONSOLIDATED OPERATING EBITDA GENERATED BY DIVESTED ASSETS WAS APPROXIMATELY EUR 27.3 MILLION IN 2018..CEMEX SAB DE CV - ASSETS DIVESTED ALSO INCLUDE CEMEX'S APPROXIMATE 38% INDIRECT INTEREST IN 1 CEMENT PRODUCTION PLANT IN AKMENE IN LITHUANIA.CEMEX SAB DE CV - EXPORTS BUSINESS TO ESTONIA IS ALSO INCLUDED AS PART OF DIVESTMENT.CEMEX SAB DE CV - SIGNED AN AGREEMENT FOR SALE OF ASSETS IN BALTICS AND NORDICS TO GERMAN BUILDING MATERIALS GROUP SCHWENK.  Full Article

Cemex Reports Top-Line Growth Of 6 percent During 2018
Thursday, 7 Feb 2019 

Feb 7 (Reuters) - Cemex SAB de CV ::CEMEX REPORTS TOP-LINE GROWTH OF 6%, FREE CASH FLOW GENERATION IN EXCESS OF US$900 MILLION AND DEBT REDUCTION OF CLOSE TO US$1 BILLION DURING 2018.CEMEX SAB DE CV - CONSOLIDATED NET SALES INCREASED BY 4% DURING Q4 OF 2018 TO US$3.5 BILLION.CEMEX SAB DE CV - OPERATING EARNINGS BEFORE OTHER EXPENSES, NET, IN Q4 REMAINED FLAT AT US$396 MILLION.  Full Article

Cemex Sab De Cv Consolidated Q4 Net Sales Up By 4 Percent
Thursday, 8 Feb 2018 

Feb 8 (Reuters) - Cemex Sab De Cv ::CEMEX SAB DE CV - CONSOLIDATED NET SALES INCREASED BY 4 PERCENT DURING Q4 OF 2017 TO US$3.4 BILLION.CEMEX SAB DE CV - OPERATING EARNINGS BEFORE OTHER EXPENSES, NET, IN Q4 DECREASED BY 10 PERCENT, TO US$410 MILLION.CEMEX SAB DE CV - TOTAL DEBT PLUS PERPETUAL NOTES DECREASED BY US$209 MILLION DURING QUARTER.CEMEX SAB DE CV - CONTROLLING INTEREST NET LOSS DURING QUARTER WAS US$105 MILLION FROM AN INCOME OF US$214 MILLION IN SAME PERIOD OF 2016.  Full Article

Cemex sells remaining direct interest in Grupo Cementos de Chihuahua
Thursday, 28 Sep 2017 

Sept 27 (Reuters) - Cemex Sab De Cv :Cemex sells remaining direct interest in Grupo Cementos de Chihuahua.Sold 31.5 million shares of Grupo Cementos de Chihuahua, S.A.B. De C.V., which represents approximately 9.47% of equity capital of GCC.  Full Article

EMERGING MARKETS-Latam FX, stocks rise; Mexican peso falls

By Susan Mathew June 3 Mexico's peso stayed at five-month lows on Monday as investors awaited further developments after U.S. President Donald Trump threatened to impose tariffs on Mexican imports, while most other Latin American currencies firmed against a softer dollar. Mexico's peso was down 0.6%, compared with gains of between 0.2% to 0.6% by other regional currencies on the back of weakness in the greenback. As negotiations between Mexico and United States are s