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| Cemex's fourth-quarter 2006 sales increase 13% Cemex, S.A.B. de C.V. announced that consolidated net sales increased 13% in the fourth quarter of 2006 to US$4.5 billion and were up 19% for the full year reaching US$18.2 billion versus the comparable periods in 2005. EBITDA grew 4% in the fourth quarter of 2006 to US$934 million and 16% to US$4.1 billion for the full year. Free cash flow after maintenance capital expenditures for the quarter was US$570 million, up 53% from US$373 million in the same quarter of 2005. For the full-year 2006, free cash flow after maintenance capital expenditures was up 22% to US$2.7 billion versus US$2.2 billion in 2005. Operating income in the fourth quarter increased 21%, to US$611 million, from the comparable period in 2005 and increased 18% to US$2.9 billion for the full-year 2006 versus US$2.5 billion in 2005. EBITDA (operating income plus depreciation and amortization) increased to US$934 million, 4% more than the US$901 million achieved in the fourth quarter of 2005. For the full year 2006, EBITDA grew 16% to US$4.1 billion versus US$3.6 billion in 2005. write your comments about the article :: © 2007 Construction News :: home page |