Cemex: First Quarterly Profit Since 2009

Cemex, S.A.B. de C.V. announced today that controlling interest net income was $76 million during the second quarter of 2014, the first reported quarterly profit since 2009. Consolidated net sales reached $4.2 billion during the quarter, an increase of 4 percent compared to the same period in 2013. This was due to higher prices of products in local currency terms…

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