Supply chain issues, delays could impact Cemex EBITDA for around $100 million- CEO

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The logo of Mexican cement maker CEMEX is pictured at it's plant in Monterrey
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)

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