CEMEX’s net income grows 41%
CEMEX, S.A.B. de C.V. ("CEMEX") (NYSE: CX), announced today that consolidated net sales reached U.S.$3.6 billion during the second quarter of 2017, an increase of 2% on a like-to-like basis for the ongoing operations and adjusting for currency fluctuations, versus the comparable period in 2016. Operating EBITDA decreased by 8% during the quarter to U.S.$696 million versus the same period in 2016. Operating EBITDA adjusted for working days, reflecting the effect of Holy Week and Ramadan, declined 5% during the quarter on a year-over-year basis.
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