Mexico: Cemex has reported earnings before interest, taxation, depreciation and amortisation (EBITDA) of US$1bn, representing an increase of 24% year-on-year. It also recorded sales of US$4.6bn in the second quarter of 2026, up by 12%. It said that the successful execution of its Project Cutting Edge was a key driver in its performance, with 80% of the original US$400m savings target already achieved as of the second quarter. The majority of the new savings are expected to be realised in 2027.
It said that three of four regions had delivered growth, with Mexico outperforming expectations, driven by cost efficiencies and improving demand. Challenging weather conditions prevailed in the US, but Cemex said that demand remained broadly stable. In the Europe, Middle East and Africa region, EBITDA increased by 9%. In South and Central America and the Caribbean it grew by 34%.
