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Cemex Achieves Record Q1 Earnings in 2024
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Cemex Achieves Record Q1 Earnings in 2024

Cemex Sab De Cv (CX) has released an update.

Cemex S.A.B. de C.V. has announced robust financial results for the first quarter of 2024, reporting a 5% increase in EBITDA and a 13% rise in net income, indicative of strong operational performance and efficient management of input costs. The company’s strategic investments in growth and urbanization solutions have paid off, contributing significantly to a record-setting quarter, despite challenging weather conditions and fewer working days. Cemex continues to emphasize sustainability and innovation in its global construction materials business.

For further insights into CX stock, check out TipRanks’ Stock Analysis page.

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