Cemex SAB de CV Cert Part Ord Repr 2 ShsA & 1 ShsB · BMV:CEMEX/CPO
Cemex SAB de CV Cert Part Ord Repr 2 ShsA & 1 ShsB — Cemex SAB DE CV — Investor Presentation (March 2019)
10 slides from Cemex SAB de CV Cert Part Ord Repr 2 ShsA & 1 ShsB's investor presentation, Mar 20, 2019
Slide 1: CEMEX Asia, Middle East & Africa
Dubai International Airport, United Arab Emirates Joaquín Estrada CEMEX Asia, Middle East & Africa Exhibit 7
Slide 2: Forward-looking statements
These presentations contain forward-looking statements within the meaning of the U.S. federal securities laws. CEMEX, S.A.B. de C.V. and its direct and indirect subsidiaries (“CEMEX”) intends these forward-looking statements to be covered by the safe harbor provisions for forward-looking statements
Slide 3: EBITDA margin and EBITDA variation
16.4% EBITDA margin EBITDA variation ($ M) 14.4% 14.3% -2.1pp Philippines and Israel represent about 80% of EBITDA for the region Var. cost & dist. 2018 Like-to-like Fixed cost & other Pricing effective in offsetting input-cost inflation
Slide 4: Healthy volume growth in key markets
-2% 1) Domestic gray cement Cement1 Ready-mix Aggregates +3% +0.3% Double-digit industry volume growth in the Philippines in first 9 months disrupted by landslide Challenge to recover input cost inflation in Egypt Mid-single-digit volume growth in Israel and UAE Achieved record volumes in Israel Foc
Slide 5: Cement unitary production cost
AME&A (USD/ton) Philippines (USD/ton) Egypt (USD/ton) +16% 2017 2018 Cement unitary production cost1 +10% 2017 2018 +28% 2017 2018 1) Data considers variable production cost +7% +11% w/o Naga landslide w/o subsidies removal Input cost inflation expected to normalize going forward Cement cost increas
Slide 6: A Stronger CEMEX initiatives already in place
A Stronger CEMEX initiatives already in place Identified savings ($ M)
Slide 7: Investing in one of the fastest growing markets in the world
1) Based on kiln capacity Reaching 7.2 M tons of cement capacity by 4Q 2020 Philippines cement industry (M tons) ‘16 ‘17 ‘18 ’19e ´20e ’21e ´22e Demand Nominal capacity1 107% 119% 133% 120% 121% 113% 114% Demand as % of operational capacity1 Investing in one of the fastest growing markets in the wor
Slide 8: Demand outlook for region remains robust
Resilient housing sector and mega projects Supply-side adjustment is necessary UAE 9% Dubai hosting Expo 2020 and infrastructure expansion Robust housing sector with more affordable pricing Demand outlook for region remains robust 1) Percentages refer to 2018 EBITDA before eliminations of AME&A Phil
Slide 9: What to expect from us
What to expect from us Build on safety performance improvements Focus on profitable markets Pricing efforts to at least recover energy input-cost inflation Optimization of supply-chain costs Maintain the highest kiln operational efficiency in CEMEX Successful execution of Philippines plant expansion
Slide 10: Dubai International Airport, United Arab Emirates
Dubai International Airport, United Arab Emirates