Standard & Poor's ratifies Cemex rating

Credit risk rating agency Standard & Poors (S&P) has ratified Mexican cement company Cemex’s global credit rating at 'B+' with a positive outlook. S&P stated that Cemex had increased cash flow generation, consolidated a solid financial performance and improved credit indicators. S&P also confirmed the company's national long-term and short-term debt ratings at 'mxBBB' and 'mxA-2'. The agency estimated that Cemex had capacity to continue improving its financial indicators during 2016.

Quarry Products / February 4, 2016

Credit risk rating agency 4447 Standard & Poors (S&P) has ratified Mexican cement company 643 Cemex’s global credit rating at 'B+' with a positive outlook.

S&P stated that Cemex had increased cash flow generation, consolidated a solid financial performance and improved credit indicators. S&P also confirmed the company's national long-term and short-term debt ratings at 'mxBBB' and 'mxA-2'.

The agency estimated that Cemex had capacity to continue improving its financial indicators during 2016.

For more information on companies in this article

Standard & Poors

Cemex