Cemex Reports Strong Second Quarter 2026 Performance Driven by Operational Efficiency and Growth

How Did Cemex Close the First Half of 2026?

From January to June, Cemex accumulated $8.613 billion in sales, representing a 12% annual growth. On a comparable basis, sales increased by 5% compared to the first half of 2025.

Semiannual EBITDA reached $1.812 billion, marking a 28% year-over-year advance. Comparable growth was 20%. Additionally, the operating margin rose from 18.4% to 21%, an increase of 2.6 percentage points.

However, accumulated net income decreased, falling from $1.052 billion to $574 million, a year-over-year reduction of 45%.

Cutting Edge Project

The Cutting Edge Project accounted for a significant portion of Cemex’s reported efficiencies. The company achieved 80% of its original savings goal, which was initially set at $400 million. By the end of June, Cemex had captured approximately $320 million.

The company has now increased its recurring savings target to $475 million, expecting to realize most of the additional resources in 2027. Cemex anticipates generating a substantial part of these new efficiencies in its supply chain, with strategies including changes in spending with external suppliers.

Management also linked these advancements to execution and cultural change within the company’s teams.

Which Regions Drove Cemex’s Results?

Mexico led regional growth during the second quarter, driven by lower costs, demand recovery, and increased operating leverage.

Key market results were:

• Mexico: Sales of $1.311 billion, with a 24% annual growth. EBITDA increased by 42% to $491 million, and the operating margin reached 37.5%.
• Europe, Middle East, and Africa: Sales of $1.518 billion, an increase of 13%. EBITDA grew by 28% to $293 million.
• Central, South America, and the Caribbean: Sales of $307 million, a 7% increase. EBITDA advanced by 34% to $66 million.
• United States: Sales grew by 1%, while EBITDA fell by 11% to $248 million.