FILE PHOTO: The logo of Mexican cement maker CEMEX is pictured at it’s plant in Monterrey, Mexico June 8, 2021. REUTERS/Daniel Becerril
October 7, 2021
MEXICO CITY (Reuters) – Cemex, North America’s biggest concrete producer, said on Thursday that variables including supply chain issues, project delays and foreign exchange effects could impact EBITDA for around $100 million.
“We believe on a preliminary basis… that all these variables can impact our EBITDA for an amount of around 100 million dollars,” chief executive Fernando Gonzalez said in a virtual presentation, adding that there would be more information in the company’s third-quarter results report.
(Reporting by Daina Beth Solomon, writing by Cassandra Garrison)