Equity Analysis /
Mexico

Cemex: Flash: CEMEX Day II, confirms positive outlook despite challenges

  • Cemex stated that the sector's outlook remains favorable, despite recent risks that could have a moderate impact

  • Market dynamics remain positive, while focus on digitalization and sustainability should translate into continued growth

  • Solid fundamentals and an attractive valuation (6.5x vs. 8.4x sector), lead us to remain optimistic on the company

Jose Itzamna Espitia Hernandez
Jose Itzamna Espitia Hernandez

Senior Equity Research Analyst, Infrastructure, Materials and Transportation

Marissa Garza Ostos
Marissa Garza Ostos

Head of Equity Research

Banorte
8 October 2021
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