Cemex SAB de CV (STU:CEXB)
€ 0.505 -0.015 (-2.88%) Market Cap: 7.33 Bil Enterprise Value: 14.36 Bil PE Ratio: 19.83 PB Ratio: 0.71 GF Score: 61/100
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Q4 2019 Cemex SAB de CV Earnings Call Transcript

Feb 12, 2020 / 03:00PM GMT
Release Date Price: €0.352
Operator

Good morning, everyone, and welcome to the CEMEX Fourth Quarter 2019 Conference Call and Webcast. My name is Jamie, and I'll be your operator for today. (Operator Instructions) Our hosts 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'll turn the conference call 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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Thank you. Good day to everyone, and thank you for joining us for our fourth quarter 2019 conference call and webcast. We will be happy to take your questions after our initial remarks.

2019 was very challenging. Weaker macroeconomic and market conditions prevailed in several of our businesses. Our EBITDA for the year reached $2.455 billion, slightly better than the guidance we provided during our third quarter call. Adjusting for the sale of our Kentucky and certain U.K. assets,

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