CEMEX S.A. reports Q4 results
- Same store sales ex-FX +2% to $3.4 bln due to higher prices, in local currency terms, in most operations, as well as higher volumes in the U.S., and Mediterranean and Asia regions.
- Operating EBITDA on a like-to-like basis increased by 7% during the fourth quarter to US$663 mln.
- Controlling interest net income improved to US$144 million during the fourth quarter of 2015 from a loss of US$178 million in the same period last year.
- CEMEX reported positive net income for the first time in 6 years, reaching US$75 million for 2015 vs. ($507) mln last year.