Record Net Income Increase
Net income in the quarter increased by 38%, supported by strong FX rates and lower interest expenses.
EMEA Region Performance
EMEA delivered impressive results with continued volume recovery and operating leverage, achieving a solid margin expansion of almost 3 percentage points.
Project Cutting Edge Savings
EBITDA savings for 2025 are expected to reach $200 million, up from an initial expectation of $150 million, with a run rate target of $400 million by 2027.
Energy Cost Reductions
Energy costs on a per ton of cement basis declined by 14%, contributing positively to overall cost improvements.
Positive Pricing Strategies
Consolidated prices for ready-mix and aggregates increased by 1% and 2% respectively, with cumulative price increases since the beginning of the year of 5% for cement, 6% for ready-mix, and 8% for aggregates.