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Mexico's Cemex Boosts Profit by Cutting Costs as Sales Drop in Q2 2025
3 Articles
3 Articles
Mexico's Cemex Boosts Profit by Cutting Costs as Sales Drop in Q2 2025
Mexican cement giant Cemex reported a strong net profit of $318 million for the second quarter, up 38% from last year. This increase came even though sales fell by 5% to $4.13 billion. The main reason: Cemex made deep cuts to costs and streamlined its operations. Poor weather and slow government building in Mexico, plus […]
Cemex expects to achieve savings of $400 million by 2027, and about 50% of this decrease in costs will be in reduction of corporate personnel, in annual terms The Mexican Cemex announced its results corresponding to the second quarter of 2025, reporting a solid growth in net profit and a rapid execution of its transformation strategy.
Reading time approx.: 2 minutes, 15 secondsIn the country the cement company resented the astringence of government spending on social programs and public works, and the first-year slope of the new administration. The contraction of volumes was also affected by last month's torrential rains; the prices of grey and concrete cement fell 6% and 4% in terms of dollars The transnational cement company of regional origin, Cemex, reported sales of 4,12…
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