Cemex Sab De Cv (CX) has released an update.
Cemex’s ‘Setting the Pace’ 2023 Integrated Report unveils a year of financial and environmental milestones, including a record EBITDA growth of 25%, reaching $3.35 billion, and substantial reductions in CO2 emissions, achieving a 13% and 12% decrease in Scope 1 and 2 emissions respectively since 2020. The company also launched its global waste management business, Regenera, as it continues to expand its Urbanization Solutions portfolio. These achievements underscore Cemex’s commitment to sustainability and profitability, championed by its CEO, Fernando A. González.
For further insights into CX stock, check out TipRanks’ Stock Analysis page.