Thursday, July 19, 2007

UPDATE 2-Cemex quarterly profit rises despite US woes

(Reuters) - Net profit for Cemex , which operates in
more than 50 countries, was $579 million in the April-June
period of 2006. Six analysts polled by Reuters had predicted on
average a profit of $623 million.




Revenue rose 6 percent to $4.9 billion in the second
quarter, but earnings before interest, taxes, depreciation and
amortization fell 1 percent to $1.1 billion versus the
year-ago period, the company said.


Read more at Reuters.com Market News

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