EX-1 2 dex1.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.

April 2011

2011 Outlook

Exhibit 1

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

Forward looking information

3

Consolidated volumes for cement, ready mix, and aggregates

expected to show low-

to mid-single-digit growth versus those in 2010

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

increase by about 13%

Total capital expenditures expected to reach US$470 million, US$350

million in maintenance capex and US$120 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

2011 guidance

4

2011 Outlook:

Selected countries

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

1

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