Cemex sees 5% surge in Q3 cement sales despite decline in Mexican market

Mexican cement producer Cemex announced a significant increase in cement sales for the third quarter of 2025, with consolidated volumes rising by 5% year over year to 13,667,000 metric tons, according to a press release Oct. 28.

Despite these positive overall figures, the company reported decreasing numbers in its home country.

From January to September, Cemex experienced an 11% decline in domestic gray cement volume, including exports, compared with the same period in 2024. Additionally, the company saw a substantial 12% decrease in ready-mix volume and a 15% drop in aggregates in its home country.

Contrasting figures emerged from the EMEA region, where year-to-date comparisons showed an increase of 7% in domestic gray cement, 6% in ready-mix, and 4% in aggregates.

From January to September 2025, Cemex reported 38,842,000 mt of consolidated cement volume, 32,206,000 cu m of consolidated ready-mix volume and 98,650,000 cu m of consolidated aggregates volume.

Cemex is advancing its strategic initiatives to enhance its market position, particularly through its Project Cutting Edge, which aims to improve operational efficiency and reduce costs, it said. In Q3, this initiative generated approximately $90 million in EBITDA savings, with a full-year target of $200 million.

"Six months ago, we set out to make Cemex a best-in-class operator and deliver superior shareholder returns," said Jaime Muguiro, CEO of Cemex. He added, "Our achievements in the quarter confirm that we are establishing a strong foundation to position Cemex as a more focused, agile, and high-performing company."

Cemex's recent actions include the completion of its divestment of operations in Panama, announced in early October 2025, as part of a broader portfolio rebalancing strategy. This divestment has allowed the company to concentrate resources on growing markets, including a majority stake acquisition in Couch Aggregates, a player in the southeastern US aggregates market.

Consolidated EBITDA grew at a double-digit rate, while the EBITDA margin expanded by 2.5 percentage points year over year, reaching its highest third-quarter level since 2020. Net income, adjusted for discontinued operations, increased by 8% in the third quarter.