Cemex, one of the world’s leading building materials companies, has announced its financial results for the first quarter of 2025. The company posted a net income of US$734 million for the period, marking its highest quarterly performance in recent years. New CEO Jaime Muguiro, in his first public statement since assuming leadership, underlined a firm commitment to operational excellence, strong cash flow, and enhancing shareholder value.
Cemex’s total net sales for the quarter reached US$3.649 billion. Despite a decline in sales volumes—particularly in Mexico—profitability was supported by global price increases as well as reduced energy and freight costs. The company’s operating profitability, measured by EBITDA, stood at US$601 million, in line with full-year 2025 expectations.
“I am committed to providing the highest possible returns to our shareholders by being the best partner to our customers, having a laser-like focus on operational efficiency, and following a disciplined capital allocation strategy,” said CEO Jaime Muguiro.
Cemex plans to drive transformation through its “Project Cutting Edge” cost-saving initiative, which aims to create a leaner and more agile organizational structure. The program targets sustainable annual EBITDA savings of at least US$150 million in 2025 and US$350 million by 2027.
