Cemex Reports Mixed Q1 2025 Financial Results

Cemex Sab De Cv ( (CX) ) has released its Q1 earnings. Here is a breakdown of the information Cemex Sab De Cv presented to its investors.

Cemex SAB de CV is a global building materials company based in Mexico, primarily engaged in the production, distribution, and sale of cement, ready-mix concrete, and aggregates. It operates across various regions, including the Americas, Europe, the Middle East, and Africa.

In the first quarter of 2025, Cemex reported a slight decline in net sales by 1% on a like-to-like basis compared to the previous year, with total sales amounting to $3.6 billion. The company experienced a decrease in sales in Mexico and the U.S., while sales increased in Europe, the Middle East, and Africa, as well as in South and Central America.

Key financial metrics revealed that Cemex’s operating EBITDA decreased by 10% on a like-to-like basis, reaching $601 million, primarily due to lower volumes and increased maintenance costs. Despite a challenging environment, the company managed to achieve a significant increase in controlling interest net income, which rose by 189% to $734 million, largely driven by the sale of its Dominican Republic operations.

Cemex’s management remains cautiously optimistic about the future, focusing on strategic initiatives to enhance operational efficiency and profitability. The company is committed to leveraging its global presence and operational strengths to navigate the current market challenges and capitalize on emerging opportunities in the construction sector.