Unlock stock picks and a broker-level newsfeed that powers Wall Street. Upgrade Now Hanover - Delayed Quote • EUR Cemex SAB de CV (CEXB.HA) Follow Compare 0.5950 -0.0100 (-1.65%) At close: February 21 at 5:25:12 PM GMT+1 All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Cemex Announces Senior Level Organizational Changes MONTERREY, Mexico, February 10, 2025--Following today’s announcement of the retirement of Fernando Gonzalez as CEO of Cemex, and the appointment of Jaime Muguiro as new CEO effective April 1st 2025, Cemex announces the following changes to its senior-level organization. Cemex Announces CEO Transition MONTERREY, Mexico, February 10, 2025--Cemex announced today that its CEO, Fernando A. González, has decided to retire after a successful career of over 35 years in the company. The Cemex Board of Directors has appointed Jaime Muguiro as new CEO; these changes will become effective April 1, 2025. Cemex SAB Completes $800 Million Philippines Exit Cemex SAB (CX) has released an update. Cemex SAB has successfully sold its operations in the Philippines, securing approximately $800 million through agreements with DACON Corporation, DMCI Holdings, Inc., and Semirara Mining & Power Corporation. The transaction involves divesting a 100% equity interest in Cemex Asian South East Corporation and other related assets, with the buyers assuming $387 million in financial debt. This move marks Cemex’s strategic exit from the Philippine market, potenti Cemex Recognized at COP29 for Solar Clinker Breakthrough MONTERREY, Mexico, November 20, 2024--Cemex received the Net-Zero Industries Award for its Solar Clinker project, launched two years ago in partnership with Synhelion. EU Backs Pioneering CO2 Capture Project at Cemex’s Rüdersdorf Cement Plant MONTERREY, Mexico, October 22, 2024--A consortium comprised of Cemex and Linde, a leading global industrial gases and engineering company, has been selected to receive €157 million in funding from the EU Innovation Fund for a pioneering CO2 capture project at Cemex’s Rüdersdorf Cement Plant in Germany. Fortune Recognizes Cemex for the Fourth Time as a Company That Is Changing the World MONTERREY, Mexico, September 25, 2024--Cemex announced today that it has been included in Fortune’s 2024 Change the World list. The list, selected by Fortune reporters and editors from a list of about 250 companies, showcases businesses that are having a positive social impact through activities that are part of their core business strategy. Cemex is receiving this distinction for the fourth time. Cemex expands Regenera circularity business with acquisition in Berlin MONTERREY, Mexico, September 03, 2024--Cemex acquired a majority stake in RC-Baustoffe Berlin GmbH & Co. KG, a recycling company part of the Heim Group. Cemex Partners With the Ellen MacArthur Foundation to Accelerate Circular Economy Efforts in the Built Environment MONTERREY, Mexico, July 18, 2024--Cemex announced today that it has signed a Network Partnership agreement with the Ellen MacArthur Foundation to accelerate circular economy efforts in the built environment. The Ellen MacArthur Foundation’s Network is the world’s leading circular economy network, working with ambitious, like-minded organizations globally. 3 Low-Visibility Stocks With High Potential Returns An intelligent investor will be able to uncover opportunities often concealed in the stock market’s vast landscape. These three prospects are discreetly positioned to yield substantial growth. The first one has strong cash flow production, reflected in the doubling of its cash balance. It indicates the possibility of strategic investments, shareholder incentives, and operating stability. Its capital allocation approach, including a special cash dividend, emphasizes its focus on sustainable, long Cemex and MPP collaborate to accelerate decarbonization projects Cemex and the Mission Possible Partnership (MPP), in partnership with the Bezos Earth Fund, are collaborating to conduct an analysis of the potential of decarbonization levers at Cemex's Balcones cement plant in Texas. This analysis aims to accelerate Cemex's commitment to achieving net-zero CO2 emissions by 2050. Cemex partners with MPP on Balcones cement plant decarbonisation The partnership is aligned with Cemex’s Future in Action programme. Cemex Tops Industry in 2024 Climate and Energy Benchmark MONTERREY, Mexico, May 07, 2024--Cemex has been recognized as the industry’s top-scoring company in the World Benchmarking Alliance’s 2024 Climate and Energy Benchmark. This recognition demonstrates Cemex’s commitment to transitioning to a lower-carbon cement industry, with the aim of becoming a net-zero CO2 company by 2050. Fitch Ratings Upgrades Cemex to Investment Grade MONTERREY, Mexico, April 30, 2024--Cemex announced today that it has reached full investment grade status after being upgraded to BBB- by rating agency Fitch Ratings. This follows S&P Global Ratings’ upgrade announced in March 2024. CEMEX, S.A.B. de C.V. (NYSE:CX) Q1 2024 Earnings Call Transcript CEMEX, S.A.B. de C.V. (NYSE:CX) Q1 2024 Earnings Call Transcript April 25, 2024 CEMEX, S.A.B. de C.V. beats earnings expectations. Reported EPS is $0.17, expectations were $0.13. CEMEX, S.A.B. de C.V. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good […] 10 Best Construction Materials Stocks To Invest In Right Now In this article, we discuss the 10 best construction materials stocks to invest in right now. To skip our detailed analysis, go directly to the 5 Best Construction Materials Stocks To Invest In Right Now. After a long rally since the October lows, the market experienced a pullback in April as the S&P 500 went […] UPDATE 2-Mexican cement maker Cemex's Q1 profit climbs despite dip in volumes Mexican cement maker Cemex reported a 13% increase in first-quarter net profit on Thursday, bolstered by lower taxes and less exposure to financial derivatives, although its operating earnings declined. The firm, one of the world's largest cement producers, posted a net profit of $254.4 million, beating analysts' estimates of $218.2 million as per LSEG data. Revenue inched up 3% year-over-year to $4.14 billion, just shy of analysts' estimates of $4.19 billion, despite volumes falling in all of its product segments. Mexican cement maker Cemex's Q1 profit climbs despite dip in volumes Mexican cement maker Cemex reported a 13% increase in first-quarter net profit on Thursday, bolstered by lower taxes and less exposure to financial derivatives, although its operating earnings declined. The firm, one of the world's largest cement producers, posted a net profit of $254.4 million, beating analysts' estimates of $218.2 million as per LSEG data. Revenue inched up 3% year-over-year to $4.14 billion, just shy of analysts' estimates of $4.19 billion, despite volumes falling in all of its product segments. CORRECTED-UPDATE 1-Mexican cement maker Cemex's Q1 profit climbs despite dip in volumes Mexican cement maker Cemex reported a 13% increase in first-quarter net profit on Thursday, bolstered by lower taxes and less exposure to financial derivatives, although its operating earnings declined. The firm, one of the world's largest cement producers, posted a net profit of $254.4 million, beating analysts' estimate of $218.2 million as per LSEG data. Revenue inched up 3% year-over-year to $4.14 billion, just shy of analysts' estimate of $4.19 billion, despite volumes falling in all of its product segments. 3 Under-the-Radar Stocks With Explosive Growth Prospects Discovering chances with substantial growth potential in the stock market might unearth buried jewels. These three obscure stocks have innovative strategies and tremendous growth potential. The first one is a leading company in the building materials sector. It has excellent sales growth supported by a competitive pricing approach. 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