Proposal to blast mine the San Joaquin River deadlocks on key early vote

Cemex, a Mexican cement giant, reported record Q2 2026 operating EBITDA of $1.02B, up 24%. Sales rose 12% to $4.59B. CEO Jaime Muguiro cited cost cuts and Mexico's recovery. Net debt increased to $6.23B, but leverage ratio improved. S&P affirmed its BBB- rating with a positive outlook. Cemex trades as CX in NY and CEMEX.CPO in Mexico.

S&P Global Ratings upgraded Cemex's outlook to positive from stable, affirming its 'BBB-' credit rating. The company reported strong financials, including 27% EBITDA growth in H1 2026, and plans to increase dividends and buy back shares. S&P projects further growth and expects Cemex to maintain low leverage.

Cemex reported second-quarter operating cash flow of US$1.02 billion, up 24%, as sales rose 12% to about US$4.1 billion, according to the company. Net income increased 9% to around US$347 million. Cemex raised its 2026 EBITDA-growth guidance to 16–17% from a prior high-single-digit outlook.

Cemex SAB de CV reported Q2 results showing sales up about 12% to roughly US$4.1B and record EBITDA of US$1.02B, up 24%, with net income up 9% to about US$347M, according to the company. Cemex raised its 2026 EBITDA growth outlook to 16-17% from a prior high-single-digit forecast.

Cemex S.A.B. de C.V. said it will sell most of its Colombia operations to Holcim for about $485m, including a cement plant, a grinding mill and 20+ concrete/aggregates sites. Cemex expects total proceeds of about $555m, plus ~$70m from other asset sales, while keeping two plants in Colombia.

Cemex said it is divesting most of its Colombia business for about $555 million across several transactions, according to the company. Holcim will buy a cement plant, grinding mill and related assets for $485 million. Cemex expects the exit to close around year-end, subject to regulatory approval, as part of its portfolio rebalancing toward the U.S.