Cemex: keeps on growing from strong foundations

Solid performers that buck the trend

Solid performers that buck the trend

Cemex, Mexico’s biggest multinational company and the third-largest cement company in the world, just keeps growing. It was formed in 1906, growing to a $100 billion market capitalization, and has steadily bought plants throughout Latin America and in the US, Europe and Asia. “It is the best in the sector and maybe even the best in all of Latin America in terms of management,” says Dan McGoey, equity analyst at Robert Fleming in New York.

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