Cement News tagged under: investor day
Cemex details plans to raise EBITDA to US$4.7bn by 201615 February 2013, Published under Cement NewsAt its 2013 Cemex Day, Cemex set out its ambitious target to increase its EBITDA from US$2.6bn in 2012 to US$4.7bn in 2016 as the company charts its recovery. The plans of the Mexico-based cement major are supported by three main pillars. Firstly, a recovery in volumes accounts for US$1.4bn of the advance. In addition, Cemex intends to be more disciplined on pricing in future, budgeting a US$1bn price increase over variable cost rises and restrict the advances in fixed costs to US$0.3bn duri... |
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