Cemex Boosts Q3 Earnings as Restructuring Continues With Asset Sales
Cemex reported higher earnings in the third quarter as its restructuring plan continued with asset sales.
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04:09:25 PM UTC
SquawkNews
By Kylie MadryMexican cement producer Cemex BMV:CEMEX/A posted a 12% jump in third-quarter core earnings on Monday as the company continued cost-cutting measures with sales of non-core assets and cement volumes rose.Operating earnings before interest, taxes, depreciation and amortization (EBITDA) r…