contents | business | |||||||||
| Cemex reports second quarter 2009 results Mexican cement maker Cemex announced that consolidated net sales decreased to US$4.2 billion versus US$6.3 billion in the comparable period in 2008, representing a decrease of 34%, or a decrease of 20% when adjusting for the exclusion of our Venezuelan operations, the sale of our assets in the Canary Islands, and currency fluctuations. EBITDA decreased 41% in the second quarter of 2009 to US$812 million from US$1.4 billion in the same period of 2008, or 27% when adjusting for divestments and currency fluctuations. write your comments about the article :: © 2009 Construction News :: home page |