Cemex boosts earnings in Q3, restructuring plan continues with asset sales
CX•Cemex’s third-quarter EBITDA rose 12% year over year to $990 million, while net sales increased 8% to $4.59 billion. The company has started negotiations with Vicat to sell concrete assets in France and expects continued momentum in Mexican residential construction in 2027.
1. Earnings and sales rise
Cemex reported third-quarter EBITDA of $990 million, up 12% from a year earlier, and net sales of $4.59 billion, up 8%. Higher gray cement volumes contributed to the sales increase, while revenue in Mexico rose 16%, supported by government social programs.
2. Asset sales continue
Cemex said it sold ready-mix and recycled concrete assets in Atlanta and has started negotiations with Vicat to sell concrete assets in France. Since its asset-pruning initiative began in 2025, the company has gathered more than $200 million in divestment proceeds. Cemex expects Mexican industry demand to remain constructive, with continued momentum in residential construction in 2027.
