Cemex sees net sales increase in Europe

Figures for 2Q2017

 In Europe, net sales for the second quarter of 2017 increased 2 percent on a like-to-like and on a year-over-year basis to USD 934 million. Operating EBITDA was USD 109 million for the quarter, 11 percent lower on a like-to-like basis than the same period last year.

Globally, net sales reached USD 3.6 billion during the second quarter of 2017, an increase of 2 percent on a like-to-like basis for the ongoing operations and adjusting for currency fluctuations, versus the comparable period in 2016. Operating EBITDA decreased by 8 percent during the quarter to USD 696 million versus the same period in 2016. Operating EBITDA adjusted for working days, reflecting the effect of Holy Week and Ramadan, declined 5 percent during the quarter on a year-over-year basis.