The company gathers cement production activities of Cemex in Colombia, Costa Rica, Panama, Nicaragua, Guatemala, El Salvador and Brazil.
It closed the first six months of 2015 with a profit of US$82 million, 32% down year-on-year.
Sales declined 11%, to US$394 million, in the second quarter of 2015. This fall was largely attributed to foreign currency exchange rate fluctuations and lower sales in Colombia.
Net consolidated sales, excluding foreign currency exchange fluctuations, increased 7% in the second quarter of 2015, compared with the same quarter in 2014.
Total sales in Colombia stood at US$198 million in the second quarter of 2015, 24% down year-on-year. Grey cement sales dropped 7% in the same period. In contrast, concrete sales increased 3% and sales of aggregates remained stable.
Carlos Jacks, the company’s president, is clearly satisfied about the performances in Panama, Nicaragua and Costa Rica where sales forecasts for the rest of the year are being adjusted to reflect this positive performance.
In the rest of Latin America -Nicaragua, Guatemala, Brazil and El Salvador, grey cement sales and sales of aggregates fell 6% and 25%, respectively. In contrast, concrete sales increased 23%.
