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While earnings before interest, taxes, depreciation and amortization fell below the consensus expectation, pricing and volumes were strong.
Good morning. Welcome to the CEMEX Second Quarter 2014 Conference Call and Video Webcast.
Mexico's Cemex, one of the world's largest cement companies, on Friday reported its first quarterly profit since the financial crisis in 2009 and said sales rose by double-digits in the United States and the Mediterranean, even as its home market remained weak.
For the second quarter Cemex reported a net income of $76 million, compared to a loss of $152 million in the year-ago quarter.
Updated: Thu Jul 24, 2014 04:29 am
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