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| Cemex provides guidance for 3Q 2008 Cemex, the world's number-three cement maker, announced that it expects EBITDA for the quarter ending September 30, 2008 to be about US$1.25 billion, a decrease of about 3% on a like-to-like basis for the ongoing operations versus the same period last year, while operating income is expected to be close to US$800 million. Cemex expects sales for the third quarter to be about US$5.9 billion, flat on a like-to-like basis versus the same period last year. For the first nine months of the year and on a like-to-like basis, Cemex expects EBITDA of about US$3.55 billion, an 8% decline versus the same period last year, while revenue is expected at about US$17.6 billion, a 2% increase in the same period. write your comments about the article :: © 2008 Construction News :: home page |