Connect to share and comment

Cemex posts Q4 loss amid Europe weakness

Mexican cement giant Cemex posted a fourth quarter loss on Thursday with gains in the United States, Latin America and Asia being wiped out by falling sales in Europe. Battling to cut debt since the US housing crisis, the building materials company reported a loss of $489 million in the last quarter of 2012, which was an improvement from the $761 million it lost over the same period in 2011.
Syndicate content