According to Vector Casa de Bolsa's calculations, Cemex's net sales for last year reached 302 billion 726 million pesos (mdp), reflecting a decrease of 0.1% compared to the previous year. Similarly, it was estimated that its operating flow was 57 billion 502 mdp, showing an annual decline of 0.9%. Vector analysts foresee modest but positive results for this year, with projections of a 1.5% increase in revenue in dollars and a 2.7% increase in operating flow.
Regarding Cemex's outlook in Mexico, factors such as the reduction of government funds allocated to infrastructure after the completion of major projects from the previous administration are expected to impact results. However, this effect could be offset by increased resources directed to housing, support programs for self-construction, and growth in industrial construction due to nearshoring. Additionally, demand for bagged cement is expected to remain stable due to the increase in the minimum wage and a low unemployment rate.
In the United States, infrastructure construction is expected to drive demand, supported by pending fiscal stimuli and programs like the infrastructure plan. Sectors such as residential and industrial could experience favorable dynamics due to a lower interest rate environment, which could also stabilize the commercial sector.
Finally, in Europe, a slight recovery is anticipated due to expectations of lower interest rates and improved economic activity. Analysts emphasize that these factors could positively influence Cemex's performance in the short and medium term, despite existing challenges in the global economic environment.
