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.
Credit risk rating agency
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.
