Cemex SAB de CV (FRA:CEXB)
€ 0.525 0.005 (0.96%) Market Cap: 7.62 Bil Enterprise Value: 15.14 Bil PE Ratio: 19.37 PB Ratio: 0.69 GF Score: 59/100

Q3 2019 Cemex SAB de CV Earnings Call Transcript

Oct 24, 2019 / 02:00PM GMT
Release Date Price: €0.31 (-6.06%)
Operator

Good morning and welcome to the Cemex Third Quarter 2019 Conference Call and Webcast. My name is Hilda and I'll be your operator for today. (Operator Instructions) Our hosts for today are Fernando González, Chief Executive Officer; and Maher Al-Haffar, Executive Vice President of Investor Relations, Communications and Public Affairs. And now, I will turn the conference over to your host, Fernando González. Please proceed.

Fernando GonzÃ;lez
CEMEX, S.A.B. de C.V. - Chief Executive Officer

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Good day to everyone, and thank you for joining us for our Third Quarter 2019 Conference Call and Webcast. We will be happy to take your questions after our initial remarks.

In the third quarter, the business environment continued to be challenging and negatively impacted by the weaker macroeconomic conditions in several of the markets we serve. In Mexico, the temporary government transition process still impacted our performance. However, we believe demand for our products is bottoming out and are cautiously optimistic on renewed activity going

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