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Earnings Call Summary | Cemex(CX.US) Q1 2024 Earnings Conference

Earnings Call Summary | Cemex(CX.US) Q1 2024 Earnings Conference

業績電話會議摘要 | Cemex (CX.US) 2024 年第一季度業績會議
富途資訊 ·  04/26 18:11  · 電話會議

The following is a summary of the CEMEX, S.A.B. De C.V. (CX) Q1 2024 Earnings Call Transcript:

以下是CEMEX、S.A.B. De C.V.(CX)2024年第一季度業績電話會議記錄摘要:

Financial Performance:

財務業績:

  • CEMEX reported strong Q1 results, outperforming expectations with a record quarterly EBITDA growth of 5%.

  • Financial growth was predominantly driven by growth in three of their four regional markets, giving a combined growth rate of 15%.

  • Net income growth was at 13%, with a newly acquired investment-grade rating of BBB- from Standard & Poor.

  • The company successfully refinanced their Eurobank facility, leading to EBITDA margin expansion year-on-year and sequentially.

  • CEMEX公佈了強勁的第一季度業績,表現超出預期,季度息稅折舊攤銷前利潤增長了5%。

  • 財務增長主要是由其四個區域市場中三個市場的增長推動的,總增長率爲15%。

  • 淨收入增長了13%,標準普爾新收購的投資級評級爲BBB-。

  • 該公司成功爲其歐洲銀行貸款進行了再融資,導致息稅折舊攤銷前利潤率同比和連續增長。

Business Progress:

業務進展:

  • CEMEX has agreed to divest their assets in the Philippines for an enterprise value of $800 million, with proceeds aiding their U.S. growth strategy.

  • Despite volume declines, CEMEX increased net sales by 3% in the U.S., signaling effective capitalizing on market opportunities.

  • The company successfully reduced their CO2 emissions by 13%, aligning with their sustainable growth strategy.

  • Several projects showing a volume decline are recovering sequentially, and sustained growth is seen in aggregate volume in the U.S. due to increased sales of base materials.

  • The company is developing carbon capture and storage projects as part of their 'Future in Action' strategy, aiming at reducing carbon emissions by almost 50% by 2030.

  • CEMEX expects stable volumes in Mexico and improvements in Europe despite external circumstances. They also expect the French Olympics to support construction activities.

  • CEMEX已同意剝離其在菲律賓的資產,企業價值爲8億美元,所得款項將用於其美國增長戰略。

  • 儘管銷量下降,但CEMEX在美國的淨銷售額仍增長了3%,這表明有效地利用了市場機會。

  • 該公司成功地將二氧化碳排放量減少了13%,這與其可持續增長戰略保持一致。

  • 一些銷量下降的項目正在連續恢復,由於基礎材料銷售的增加,美國的總銷量出現持續增長。

  • 作爲其 “未來在行動” 戰略的一部分,該公司正在開發碳捕集和封存項目,目標是到2030年將碳排放量減少近50%。

  • CEMEX預計,儘管外部環境不佳,墨西哥的銷量將保持穩定,歐洲的銷量也會有所改善。他們還預計法國奧運會將支持建築活動。

More details: Cemex IR

更多詳情: Cemex IR

Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.

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譯文內容由第三人軟體翻譯。


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