Significant EBITDA Growth
Consolidated EBITDA increased at a double-digit rate, supported by all regions with EMEA, Mexico, and the Caribbean region recording double-digit growth. The EBITDA margin expanded by 2.5 percentage points.
Successful Cost-Cutting Initiatives
Project Cutting Edge resulted in approximately $90 million in EBITDA savings in Q3, keeping the company on track to reach the 2025 full year goal of $200 million in savings.
Positive Pricing Trends
Consolidated prices are up low single digits year-over-year, with Mexico seeing a mid-single-digit increase in cement, ready-mix, and aggregates prices since December.
Strong Performance in Mexico
Mexico's EBITDA grew 11%, with prices for cement continuing their positive trajectory with a sequential increase of 1%.
Record Performance in the U.S.
The U.S. reached a record third quarter EBITDA and EBITDA margin, driven by increased cost efficiencies and higher prices.
European Decarbonization Leadership
Operations in Europe surpassed the European Cement Association's 2030 CO2 emissions target, reinforcing CEMEX's position as an industry leader.