Mexican cement firm Cemex posts 9% profit increase in Q2 2026

Mexican cement giant Cemex announced a robust second quarter for 2026, with net profits climbing 9% to $347 million compared to the same period last year. This positive trend in earnings reflects the company's successful transformation strategy, which is reportedly generating momentum.

Total net sales for the April-June period increased by 12%, reaching $4.593 billion. Cemex also highlighted a significant 24% jump in its quarterly operating income (ebitda), which hit $1.018 billion. The company's CEO, Jaime Muguiro, stated that these solid results demonstrate that the company's transformation is yielding tangible outcomes and gaining traction.

Muguiro further emphasized that the improvement in key performance indicators is surpassing expectations. He attributed this success to the discipline, execution, and cultural shift embraced by their teams across the organization. Sales in Mexico saw a notable 24% increase, amounting to $1.311 billion, while U.S. revenues grew 1% to $1.315 billion. European, Middle Eastern, African, and Asian markets collectively contributed $1.518 billion in sales, up 13%, and South, Central, and Caribbean America generated $307 million, a 7% increase.