Record EBITDA Margin
Achieved a record EBITDA margin of 40.7%, a 2.6 percentage point increase from last year, driven by cost management and price stability.
Safety Improvements
Achieved a 25% reduction in recordable injuries over the last 12 months compared to 2023, reflecting successful implementation of safety strategies.
CO2 Reduction Progress
Achieved a 2.5% year-to-date decrease in CO2 gross intensity per ton of cementitious materials compared to 2023, on track with sustainability goals.
Strong Cash Position
Ended the third quarter with $897 million of cash and cash equivalents, and a net debt-to-EBITDA ratio of negative 0.81x.
Oil and Gas Sector Performance
Cement demand in the Permian Basin remains robust, with a $15 per ton price increase for oil well clients, supporting results.