UPDATE 4-Mexico's Cemex profit up as U.S. sales dampen hit from coronavirus [Reuters]
Cemex, S.A.B. de C.V. Sponsored ADR (CX)
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cemex.com/investors/overview
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Source: Reuters
Mexico's Cemex profit up 8% on higher U.S. cement sales MEXICO CITY (Reuters) - Mexican cement producer Cemex CMXCPO.MX on Thursday reported a rise of almost 8% in first-quarter profit, boosted by higher sales in the United States, its biggest market. Cemex’s net income rose to $42 million in the first quarter, from $39 million a year earlier, while total net sales increased 2% to $3.1 billion, the company said. Monterrey-based Cemex, which operates in more than 50 countries, said it was deferring capital expenditure and cutting a percentage of employees’ salaries or allowances for a period of three months to save costs during the coronavirus crisis. “The world is going through an unprecedented time due to the COVID-19 pandemic. Construction activity across most of our markets is being impacted to varying degrees,” Chief Executive Fernando Gonzalez said in a brief statement. Gonzalez added that the company is stressing health safety, including what he described as a “substantially low
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News
- Cemex US Appoints Will Price as Senior Vice President of Mergers & Acquisitions [Yahoo! Finance]Yahoo! Finance
- Cemex US Appoints Will Price as Senior Vice President of Mergers & AcquisitionsBusiness Wire
- Cemex (NYSE:CX) was upgraded by analysts at <a style="font-weight:bold" href="https://www.wallstreetzen.com/newsletters/zen-ratings?ticker=CX&utm_campaign=getratings&utm_medium=online&utm_source=MarketBeat">Wall Street Zen</a> from a "hoMarketBeat
- Cemex (NYSE:CX) had its price target raised by analysts at Royal Bank Of Canada from $7.00 to $8.25. They now have an "underperform" rating on the stock.MarketBeat
- Cemex (NYSE:CX) was given a new $12.00 price target on by analysts at Barclays PLC.MarketBeat
CX
Sec Filings
- 12/5/25 - Form 6-K
- 11/7/25 - Form 144
- 10/31/25 - Form 144
- CX's page on the SEC website