EX-99.1 2 dex991.htm PRESENTATION REGARDING 2011 OUTLOOK FOR CEMEX, S.A.B. DE C.V.

Presentation regarding 2011 outlook for CEMEX, S.A.B. de C.V.

www.cemex.com

2011 OUTLOOK

2011 OUTLOOK

February 2011

February 2011

Exhibit 1

Forward looking information

This presentation contains certain forward-looking statements and information relating to CEMEX, S.A.B. de C.V. and

its

subsidiaries

(collectively,

“CEMEX”)

that

are

based

on

its

knowledge

of

present

facts,

expectations

and

projections,

circumstances and assumptions about future events. Many factors could cause the actual results, performance or

achievements

of

CEMEX

to

be

materially

different

from

any

future

results,

performance

or

achievements

that

may

be

expressed or implied by such forward-looking statements, including, among others, changes in general economic,

political,

governmental,

and

business

conditions

globally

and

in

the

countries

in

which

CEMEX

operates,

CEMEX’s

ability to comply with the terms and obligations of the financing agreement entered into with major creditors and other

debt agreements, changes in interest rates, changes in inflation

rates, changes in exchange rates, the cyclical activity of

construction sector generally, changes in cement demand and prices, CEMEX’s ability to benefit from government

economic stimulus plans, changes in raw material and energy prices, changes in business strategy, changes in the

prevailing regulatory framework, natural disasters and other unforeseen events and various other factors.  Should one

or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may

vary materially from those described herein as anticipated, believed, estimated, expected or targeted.  Forward-looking

statements are made as of the date hereof, and CEMEX does not intend, nor is it obligated, to update these forward-

looking statements, whether as a result of new information, future events or otherwise.

UNLESS OTHERWISE NOTED, ALL FIGURES  ARE PRESENTED IN DOLLARS, 

BASED ON OUR MEXICAN FRS FINANCIAL STATEMENTS

Copyright CEMEX, S.A.B. de C.V. and its subsidiaries.

2

2011 guidance

Consolidated volumes for cement, ready mix, and aggregates

expected to show low-to-mid-single-digit growth versus 2010

Cost of energy, on a per-ton-of-cement-produced basis, expected to

increase by about 8%

Total capex expected to reach US$475 million, US$350 million in

maintenance capex and US$125 million in strategic capex

No major change expected in cash taxes and investment in working

capital from 2010 levels

No significant change expected in cost of debt, including perpetual

and convertible notes

3

US$250 million EBITDA-Enhancing Program

Pursuing opportunities to improve and streamline operations

–

…as well as focusing on building a leaner, more efficient organization

Variable costs reductions

–

Fuel optimization & increased alternative fuels use in Colombia,

Philippines,

United States, and Germany

–

Efficient raw material utilization in cement & reducing clinker factor in Poland,

Latvia, UAE, and Egypt

–

Implementing best practices in Mexico’s aggregates business

Fixed costs improvement

–

Ready-mix business rationalization project in USA

–

Cement plants maintenance optimization in Mexico

SG&A containment

–

Country and central corporate cost optimization

4

Domestic Gray 

Cement

Ready-mix

Aggregates

Volumes

Volumes

Volumes

Mexico

3%

3%

3%

United States

5%

6%

2%

1

Spain

(10%)

(13%)

(9%)

UK

2%

2%

1%

France

N/A

2%

1%

Germany

5%

6%

2%

Poland

6%

12%

0%

Colombia

5%

17%

50%

Philippines

6%

N/A

N/A

5

2011 Outlook:

Selected countries

1

On a like-to-like basis for the ongoing operations

Given the current events in Egypt, we are not providing volume outlook for this country