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An announcement from Cemex SAB ( (CX) ) is now available.
Cemex has released its consolidated and separate financial statements for the fiscal years ending December 31, 2024, 2023, and 2022. These statements are pending approval at the upcoming Ordinary General Shareholders’ Meeting scheduled for March 25, 2025. The consolidated net income for 2024 was reported at $960 million, marking a significant increase from $199 million in 2023. This financial performance indicates a robust recovery and operational success, potentially strengthening Cemex’s position in the competitive building materials market.
More about Cemex SAB
Cemex, S.A.B. de C.V. is a global leader in the building materials industry, primarily focusing on the production and sale of cement, ready-mix concrete, and aggregates. The company operates in numerous countries, with a significant presence in the Americas and Europe, and is known for its commitment to sustainable construction practices.
YTD Price Performance: 17.93%
Average Trading Volume: 9,442,750
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $10.17B
See more insights into CX stock on TipRanks’ Stock Analysis page.
