Latest figures from Cemex show that the company’s consolidated net sales increased by 6% during the fourth quarter of 2011 to approximately US$3.7billion [€2.82billion] and increased 8% for the full year to $15.1billion [€11.5billion] versus the comparable periods in 2010. Operating EBITDA increased by 13% during the fourth quarter of 2011 to $542million [€413million] and increased 1% for the full year to $2.3billion [€1.75billion] versus 2010. The infrastructure and residential sectors were the main dr
Latest figures from Cemex show that the company’s consolidated net sales increased by 6% during the fourth quarter of 2011 to approximately US$3.7billion [€2.82billion] and increased 8% for the full year to $15.1billion [€11.5billion] versus the comparable periods in 2010.
Operating EBITDA increased by 13% during the fourth quarter of 2011 to $542million [€413million] and increased 1% for the full year to $2.3billion [€1.75billion] versus 2010.
The infrastructure and residential sectors were the main drivers of demand in most of Cemex’s markets.
Fernando A. González, executive vice president of finance and ddministration, said: “Regarding our full-year results, we saw net sales and operating EBITDA growing for the first time in four years.”
