Cementos Mexicanos (Cemex)  presented its financial results for the third quarter of 2025 (3Q25), highlighting net sales of US$4.245 billion , representing a 5% increase compared to the same period in 2024, driven by positive momentum in the Europe, Middle East and Africa (EMEA) regions, as well as Central and South America and the Caribbean, and by an improving trend in Mexico and the United States.

“This quarter’s achievements confirm that we are laying a solid foundation to position Cemex as a more focused, agile, and high-performing company,” said Jaime Muguiro, CEO of Cemex.

During the aforementioned period, the company reported that its operating cash flow (EBITDA) reached $882 million, a 19 percent increase. “This performance was supported by all regions, with EMEA, Mexico, and Central, South America, and the Caribbean experiencing double-digit growth,” the company emphasized.

Regarding its operations in Mexico , it reported sales of $1.117 billion in Q3 2025 , a 2% drop compared to the same period last year. Meanwhile, its operating cash flow showed a  16% increase compared to the same quarter in 2024.

In  the United States,  the cement company posted losses during that period. Sales there totaled  $1.31 billion , a 2% decrease   compared to the same period in 2024. EBITDA increased  4%  to  $269 million  compared to the same period last year.

In  Europe, the Middle East and Africa,  sales totaled  $1.379 billion  in 3Q25, an increase of  11%  compared to the same period in 2024. Operating cash flow was  $247 million , which represented an increase of  23%  compared to the third quarter of 2024.

In  Central and South America and the Caribbean , Cemex reported sales of $295 million  in the aforementioned period, an increase of  6%  compared to the same period in 2024. In that region, its operating cash flow was  $64 million , an increase of  56%  compared to the third quarter of last year.

The company reported progress in implementing Project Cutting Edge , resulting in approximately $90 million in operating cash flow savings during 3Q25 and expects to achieve its annual target of $200 million by 2025.

“Six months ago, we set out to transform Cemex into a world-class operator and deliver superior returns to our shareholders,” said Jaime Muguiro.

Comment and follow us on X:  @GrupoT21

El cargo Cemex reports solid sales in 3Q25 apareció primero en T21.

Cementos Mexicanos (Cemex) obtained a net profit of 318 million dollars (mdd) in the second quarter of 2025 (2Q25), a growth of 38% compared to the same period of the previous year, which was driven mainly by its operations in the Europe, Middle East and Africa region, according to its results report for the period sent to the Mexican Stock Exchange (BMV) , which highlighted the strengthening of the Cutting Edge Project .

In that regard, the Mexican firm raised its operating cash flow (EBITDA) savings target for this year under the project to $200 million , from the previously announced $150 million, reflecting faster progress in organizational simplification and cost reduction.

Cemex anticipated achieving savings of $400 million by 2027. “These estimates include approximately $200 million in annualized corporate headcount reductions,” the company said.

“As we began implementing our strategic framework, we moved rapidly in the second quarter to transform our corporate structure, introducing a new operating model that simplifies administrative functions, fosters agility, and empowers our regional teams to deliver results,” said Jaime Muguiro, CEO of Cemex.

During the reference period, Cemex posted net sales of $4.126 billion , a 4% decrease compared to the second quarter of 2024. Meanwhile, its operating cash flow (EBITDA) was $823 million in 2Q25, which represented an 11% decrease compared to the same period last year.

“This performance is largely explained by a challenging comparable base, driven by record operating cash flow performance in the second quarter of 2024 (2Q24), as well as volume dynamics, partially offset by cost efficiencies,” the report stated.

Regarding its operations in Mexico , the cement company reported sales of  $1.06 billion  in the second quarter of 2025, a  23% drop  compared to the same period last year. Meanwhile, its operating cash flow decreased  24%  to $347 million compared to the same quarter in 2024.

“In Mexico, quarterly results continued to face challenges due to the difficult prior-year comparative base, driven by pre-election social and infrastructure spending, the level of the exchange rate, and the first year of a new administration,” Cemex stated.

In this regard, the company expects volumes to improve in the second half of 2025, as the previous year’s comparative base is achieved and the Mexican government accelerates its infrastructure and social housing plans .

In  the United States,  the company also posted losses during the period. Sales there were  $1.306 billion , a  6% drop  compared to the same period in 2024. EBITDA fell  6%  to  $279 million  compared to the same period last year.

In  Europe, the Middle East and Africa,  sales totaled  $1.341 billion  in Q2 2025, a  13% increase compared to the same period in 2024. Operating cash flow was $229 million , an increase of  31%  compared to the second quarter of 2024.

Meanwhile, in  Central, South America and the Caribbean , Cemex reported sales of  $318 million  in the aforementioned cycle, a  2% decrease compared to the same cycle in 2024. In that region, its operating cash flow was $51 million , a  22% decrease compared to the second quarter of last year.

“Cemex provided full-year operating cash flow guidance showing stable performance compared to 2024, with potential for upside. It expects free cash flow to accelerate in the second half of the year, driven by improved profitability and the seasonal recovery of working capital investments,” the company emphasized.

Comment and follow us on X:  @GrupoT21

El cargo https://t21.com.mx/cemex-fortalece-su-transformacion-estrategica-reporta-alza-en-utilidad-en-2t25/#:~:text=CEMEX%20STRENGTHENS%20ITS%20STRATEGIC%20TRANSFORMATION%3B%20REPORTS%20INCREASED%20PROFIT%20IN%202Q25 apareció primero en T21.

Cementos Mexicanos (Cemex) presented its financial results for the first quarter of 2025 (1Q25), which highlighted a record net profit of 734 million dollars (mdd) , which was mainly driven by a gain due to the sale of the company’s operations in the Dominican Republic, in addition to seeking to promote the Cutting Edge Project , focused on logistics and savings.

The company emphasized that under the leadership of Jaime Muguiro , CEO of Cemex, it plans to implement the previously announced cost-saving initiative.

With this plan, the firm seeks to drive an efficient organizational transformation, simplifying and strengthening regional operations to achieve profitable growth.

With it, Cemex aims to achieve annual recurring savings from its operating cash flow of at least $150 million by 2025 and $350 million by 2027, focusing on the supply chain, logistics and procurement, as well as on the company’s operations to optimize the mix of electricity and fuels.

Regarding its results, the firm indicated that in the first quarter of 2025 its net sales totaled $3.649 billion , which represented a 7% decrease compared to the same period in 2024, and that this was due to higher consolidated prices that partially offset the effect of lower volumes in Mexico.

In its report, it highlighted that operating cash flow (EBITDA) reached $601 million in 1Q25, which represented an 18% annual decrease.

The company emphasized that the increase in prices it recorded during the quarter was offset by the drop in volume, which is why sales in Mexico and the United States declined.

“My commitment is to generate the highest possible returns for our shareholders by being the best partner for our clients, focusing carefully on operational efficiency, and implementing a disciplined capital allocation strategy,” said Jaime Muguiro.

Regarding its operations in Mexico, the cement company reported sales of $981 million in the first quarter of 2025, a 25% drop compared to the same period last year. Meanwhile, its operating cash flow showed a 27% decrease to $308 million compared to the same quarter in 2024.

In the United States, the cement company also posted losses in the first three months of this year. Sales there were $1.19 billion , a 4% drop compared to the same period in 2024. EBITDA fell 20% to $190 million compared to the same period last year.

In Europe, the Middle East and Africa, sales totaled $1.07 billion in Q1 2025, a 2% increase compared to the same period in 2024. Operating cash flow was $117 million , representing a 40% increase compared to the first quarter of 2024.

Meanwhile, in Central, South America and the Caribbean , Cemex reported sales of $314 million in the aforementioned period, an increase of 2% compared to the same period in 2024. In that region, its operating cash flow was $61 million , a decrease of 3% compared to the first quarter of last year.

Comment and follow us on X:  @GrupoT21

El cargo Cemex highlights record net profit in 1Q25 apareció primero en T21.

Cemex , a Mexican cement company, announced on Thursday that it achieved a record profit of 939 million dollars (mdd) in 2024 , while in the fourth quarter of 2024 (4Q24) its sales totaled 3,811 million dollars (mdd) , which represented a 5% drop compared to the same period in 2023.

According to its 4Q24 results report , in the October-December period of last year, operating cash flow (Ebitda) also registered a 3% decrease to US$681 million , compared to the same period in 2023, when it was US$705 million , due to the dynamics of volumes.

The cement company reported that its net profit in 4Q24 was US $48 million , which meant a recovery from the loss of US$441 million in the same period in 2023.

Annual results

Regarding its annual results, Cemex indicated that its net income increased by 415% in 2024 to reach a record of 939 million dollars , compared to 182 million dollars in 2023.

In 2024, sales were US$16.2 billion , 2% less than the US$16.554 billion reported during 2023, while EBITDA reached US$ 3.079 billion , which meant an annual drop of 2 percent .

Regarding gross profit, the Mexican firm said it totaled $5.439 billion last year, which meant a 2% decrease compared to 2023.

“I am proud of this year’s achievements, as they mark a key moment in the corporate transformation we envision in 2020,” said Fernando González Olivieri, CEO of Cemex.

The executive noted that with the recovery of its investment grade, as well as “greater free cash flow generation and divestments of around $2.2 billion , we can now accelerate our capital allocation priorities through small and medium-sized acquisitions, mainly in the United States, additional debt reduction and the strengthening of our shareholder return programs.”

Results by region

In Mexico , the company indicated that its sales contracted 4% to US$4.881 billion in 2024 , while in 4Q24 they also showed a drop of 20% , compared to the same period in 2023. Ebitda reported a decrease of 1% to US$1.475 billion during the past year, while in 4Q24 it fell 18% , to US$283 million .

“The depreciation of the Mexican peso had an impact on operating cash flow of $52 million in 2024 results, as our foreign exchange hedging strategy continues to mitigate the impact on our leverage ratio,” the company said in its report.

In its operations in the United States , Cemex indicated that its sales were US $5.194 billion in 2024, an annual decrease of 3% , and US$1.233 billion in 4Q24, which meant a decrease of 3% over the same period in 2023. In its northern neighbor, annual EBITDA decreased 1% to US$1.031 billion and remained stable at US$238 million in the fourth quarter of 2024.

“The business’ resilience in the face of falling volumes is noteworthy, with an expansion in the operating cash flow margin, driven by our cost optimization efforts, lower energy prices and lower imports,” Cemex said.

In  Europe , the Middle East and Africa , the company reported a 2% decrease in sales in 2024 to $4.631 billion , and an increase of 5% in the last quarter of last year to $1.155 billion . Operating cash flow was $ 637 million in 2024, 5% less than in 2023, and $177 million in the fourth quarter of 2024, an increase of 37% compared to the same period in 2023.

“In EMEA, the recovery trend continued in the fourth quarter, with our European operations recording the second consecutive quarter of EBITDA growth compared to the same period last year,” the cement company said.

In Central and South America and the Caribbean , Cemex reported stable sales of US$1.244 billion in 2024 and US$297 million in 4Q24. Operating cash flow increased 2% to US$234 million in 2024, compared to US$57 million in the fourth quarter of 2024 .

“In the Central, South America and Caribbean region, operating cash flow increased 2% on a comparable basis for both 2024 and the fourth quarter compared to the previous year. The higher operating cash flow margins were driven by positive price dynamics,” he stressed.

“Project Cutting Edge”, focused on supply chains

The Mexican cement company also launched the “Cutting Edge Project,” which is a three-year, $350 million savings initiative focused on optimizing operations and improving efficiency through the company’s digital technology.

“This program is expected to generate an additional $150 million in operating cash flow in 2025, with a projection of reaching $350 million by 2027. In addition, Project Cutting Edge contemplates savings at the level of free cash flow,” Cemex said.

This project will focus on supply chains, logistics and procurement, through the use of technology and Artificial Intelligence to simplify and automate processes and workflow.

It will also focus on continued optimization of the cement and ready-mix network, as well as additional free cash flow savings for 2025 and beyond.

Comment and follow us on X:  @GrupoT21

El cargo Cemex posts record profit in 2024 and mixed results in 4Q24 apareció primero en T21.

QUER{ETARO, QRO.- According to estimates by the National Chamber of Cargo Transportation (Canacar) , in Mexico about 11% of the total fleet is stopped due to the shortage of operators. Taking into account that in its latest statistics the International Road Transport Union (IRU) determined that at the end of 2023 in the country there were approximately 56 thousand unfilled jobs in the trucking industry, although it is still early to make estimates of the behavior for 2024, the outlook is not positive .

The problem has a multifactorial root and it is clear that the risk of the profession discourages new generations from joining the ranks of driving transport of goods and merchandise.

It should be noted that at the end of July of this year, the National Association of Vehicle Tracking and Protection Companies (ANERPV) recorded 993 thefts of cargo vehicles nationwide. In addition, according to data from the National Institute of Statistics and Geography (INEGI), last year 163 occupants of heavy vehicles died due to road accidents on the highway network.

In this context and with the aim of sharing good practices to encourage the incorporation of new talent, as well as the loyalty of the work team, the National Association of Private Transport (ANTP) carried out the panel Recognition of the work of the driver , within the framework of the eighth National Congress on Road Safety , where the key was the involvement of companies in motivating the team of operators based on training and public recognition of their work.

“For Grupo Bimbo, recognition of the work of operators is not just about giving a certificate for good skills, it is more of a comprehensive system that focuses on continuous improvement,” explained Diana Torres, representative of Grupo Bimbo .

She added that an important part of motivating drivers is that their loved ones know that they carry out a risky activity every day. “ Recognition can increase drivers’ morale and motivation . Knowing that their work is valued encourages them to continue striving and maintain high performance standards,” the spokesperson explained.

For his part, Ángel Correa Lizarriturri, part of the Health and Safety team at Cemex , explained that for several years the company has implemented a recognition methodology for operators that has helped to have better collaborators.

“The most important thing is to create links with operators to generate loyalty and encourage the adoption of a zero culture: zero road and industrial incidents, zero speeding, zero damage to units and zero diesel overcharges,” Correa said.

It is also necessary for society to recognize the work of operators, and for there to be a healthy coexistence between users of the roads that use the various modes of transport . In this way, road accidents will be reduced and at the same time interest will be generated in performing the work of cargo transport operator.

Comment and follow us on X:@Liznomas / @GrupoT21

El cargo Recognizing the Work of Drivers is Crucial to Reducing Road Incidents and Generating New Talent Behind the Wheel apareció primero en T21.

PLAYA DEL CARMEN, Q. ROO.- In the most recent record of the Logistics Performance Index (LDI) corresponding to 2023, from the World Bank , Mexico was located in position 66 , which shows a decline compared to the previous record of 2018 when placed in 51st place.

Given the challenges of relocation ( nerashoring ), but also the need for industries based in Mexico to be more competitive, transportation users and suppliers of these activities are required to be aligned to take advantage of technological innovation issues. , safety and, of course, efficiency.

Within the framework of the panel “Vision and future of motor transport companies” within the National Freight Transport Forum, organized by the National Association of Private Transport (ANTP) , directors of companies such as Cemex and Arca Continental made clear the vision of constant development in terms of the use of technology, but also that it is oriented towards safety and of course productive efficiency.

César Sánchez, Director of Transportation at Cemex, stated that this corporation has the Quality Decalogue where the pillars such as safety, use of technologies, efficiency and sustainability are addressed.

A point that César Sánchez highlighted is the fact that together with the carriers they must have a fundamental vision of focusing on the customer and, with this, have the ability to anticipate the needs that are generated.

In the field of technology and how to achieve the greatest use of them, Rogelio Montemayor, commercial director of  Transportes Mon-Ro , was emphatic, “an important point is that the industry and government must agree on where it is going and “What is the route to follow, to know what technologies should be used.”

Regarding the implementation of technologies such as electromobility, Montemayor Morineau highlighted that the appropriate infrastructure is also required for its adoption, in order to remain on that path of innovation and efficiency with its clients.

Valente Fragoza, Technical and Supply Chain Director of Arca Continental, elaborated on the role that equipment suppliers have, and where what technology users require is that they can have a comprehensive offer, and not leave responsibility of the end user the equipment of elements such as active or passive safety.

With a fleet of 5,500 delivery trucks and more than 300 tractor-trailers, Valente Fragoza highlighted that there are “specs” of more than 32 security points, which in his perspective should be integrated at the time of delivering the unit, and not that this is the responsibility of the client, with factors such as active safety, cameras, fog lights, automatic transmission, reverse sensors, AI reverse camera and electromagnetic brake, among others.

One factor raised by Valenta Fragoza is that the current dynamics require that to achieve these objectives, carriers must share values ​​with their customers, “all brands need to be integrated and aligned, it is an industry issue, this will generate value in the market and the industry”.

Comment and follow us on X:@DidierRT /  @GrupoT21

El cargo Transport Users and Providers on the Same Path of Innovation, Efficiency, and Safety apareció primero en T21.