Mexican cement company Cemex expects to see its EBITDA in the USA double in 2014 versus 2013, thanks to a predicted 8% increase in demand from the country.
In 2013, Cemex had a U$255 million (€185 million) EBITDA in the US, which is one of its main markets. As the company expects to see better conditions in most of its markets in 2014, it aims to reach a $4.7 billion consolidated EBITDA in 2016. In 2013, its EBITDA was $2.64 billion, although its consolidated sales of cement dropped 1%.
Mexican cement company
In 2013, Cemex had a U$255 million (€185 million) EBITDA in the US, which is one of its main markets. As the company expects to see better conditions in most of its markets in 2014, it AIMS to reach a $4.7 billion consolidated EBITDA in 2016. In 2013, its EBITDA was $2.64 billion, although its consolidated sales of cement dropped 1%.
