Cemex: Quarterly Report 2Q22: Strong margin impact. Slightly lowers its guidance
Cemex confirmed greater profitability pressure, aligned with expectations, and a shrank in free cash flow of 81%
It lightly cut its 2022 EBITDA guidance, now to a low to medium digit advance (vs. previously mid-digit increase)
Global challenges (high inflation, costs rise, and supply chain disruptions) will generate stock price volatility
Senior Equity Research Analyst, Infrastructure, Materials and Transportation @ Banorte
