CEMEX- 2Q18 Comments
Mexican cement maker Cemex has publisheddecent results for its 2Q18, with LFL sales and EBITDA up by 7% and 4% yoy, respectively. This follows the relatively weak Q1 EBITDA (LFL -6%), which was essentially due to temporary adverse effects from timing and weather, while H2 should see even stronger improvements.
Cemex is a holding company of entities whose main activities are oriented to the construction industry, through the production, marketing, distribution and sale of cement, ready-mix concrete, aggregates, clinker and other related construction materials to customers in over 50 countries throughout the world. Co.'s products are used in home construction, improvement and renovation to agricultural, industrial and marine/hydraulic applications.
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