Cemex SAB de CV (NYSE:CX)
$ 5.89 -0.19 (-3.13%) Market Cap: 8.55 Bil Enterprise Value: 16.09 Bil PE Ratio: 20.51 PB Ratio: 0.73 GF Score: 82/100

Q1 2019 Cemex SAB de CV Earnings Call Transcript

Apr 25, 2019 / 02:00PM GMT
Release Date Price: $4.6 (-4.56%)
Operator

Good morning. Welcome to the CEMEX First Quarter 2019 Conference Call and Webcast. My name is Richard, and I'll be your operator for today. (Operator Instructions)

Our host for today are Fernando González, Chief Executive Officer; and Maher Al-Haffar, Executive Vice President of Investor Relations, Communications and Public Affairs.

And now I will turn the conference over to your host, Fernando González. Please proceed.

Fernando Ã;ngel GonzÃ;lez Olivieri
CEMEX, S.A.B. de C.V. - CEO & Non-Independent Director

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Good day to everyone, and thank you for joining us for our first quarter 2019 conference call and webcast. We will be happy to take your questions after our initial remarks. We are pleased with the 1% top line growth we achieved during the first quarter, despite important volume declines in our 2 most important markets, Mexico and the U.S.

During the quarter, we enjoyed improved pricing performance in all our regions with favorable volume dynamics in Europe. In the U.S., ready-mix and

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