Cemex is setting the pace for the future with a dynamic growth and #sustainability #strategy, as shared during its recent analyst and investor day at the New York Stock Exchange.
Under the leadership of CEO Fernando Gonzalez-Olivieri and his team, #Cemex is gearing up for an #accelerated #journey towards high single-digit EBITDA growth in the medium term.
In the #US, Cemex is on a fast track to growth, tapping into the country's booming construction sector.
In #Mexico, the company plans to leverage its dominant position to seize unique growth opportunities.
Across #Europe, Cemex is pioneering in profitable decarbonization, setting new standards for lower-carbon and circular construction practices.
But that's not all – Cemex is also scaling its Urbanization Solutions business, promising to revolutionize how we think about building our cities.
With a solid track record of strong free cash flow and consistent results, topped with an Investment Grade rating, Cemex is in a prime position for enhanced capital allocation flexibility. The company has set a new target to improve its leverage ratio by half a turn, showcasing its commitment to financial health.
Excitingly, Cemex is rolling out a progressive shareholder return program, with plans to introduce a dividend in Q2 2024, pending shareholder approval.
Cemex's strategy is clear: to continue its expansion in the US, lead the way in sustainable and circular building solutions, and solidify its financial structure for sustainable growth and returns.
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#Sustainability #Growth #Innovation #CemexFuture
This is awesome!