UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 or 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of April, 2014
Commission File Number: 001-14946
CEMEX, S.A.B. de C.V.
(Translation of Registrants name into English)
Avenida Ricardo Margáin Zozaya #325, Colonia Valle del Campestre
Garza García, Nuevo León, México 66265
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F x Form 40-F ¨
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ¨
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ¨
Contents
1. | Presentation regarding 2014 outlook for CEMEX, S.A.B. de C.V. (addendum to presentation regarding first quarter 2014 results for CEMEX, S.A.B. de C.V.) (NYSE:CX). |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, CEMEX, S.A.B. de C.V. has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
CEMEX, S.A.B. de C.V. | ||||
(Registrant) | ||||
Date: April 30, 2014 | By: | /s/ Rafael Garza | ||
Name: | Rafael Garza | |||
Title: | Chief Comptroller |
EXHIBIT INDEX
EXHIBIT |
DESCRIPTION | |
1. | Presentation regarding 2014 outlook for CEMEX, S.A.B. de C.V. (addendum to presentation regarding first quarter 2014 results for CEMEX, S.A.B. de C.V.) (NYSE:CX). |
2014 Outlook
Exhibit 1 |
2
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,
CEMEXs ability to comply with the terms and obligations of the facilities
agreement entered into with major creditors and other debt agreements, CEMEXs
ability to achieve anticipated cost savings, changes in interest rates, changes in
inflation rates, changes in exchange rates, the cyclical activity of the construction sector
generally, changes in cement demand and prices, CEMEXs 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 INTERNATIONAL FINANCIAL REPORTING STANDARDS
Copyright CEMEX, S.A.B. de C.V. and its subsidiaries. |
We expect
mid-single-digit increases in consolidated volumes for cement, ready mix and
aggregates
Cost of energy, on a per ton of cement produced basis, expected to be relatively flat from
last years level
Total capital expenditures expected to be about US$645 million, US$505 million in
maintenance capex and US$140 million in strategic capex
We expect working capital investment during the year to be similar to last years
We expect cash taxes to reach US$600-700 million
We expect a marginal reduction in our cost of debt, including our perpetual and convertible
securities
3
2014 guidance |
4
2014 expected outlook: Selected countries
Domestic gray cement
Ready mix
Aggregates
Volumes
Volumes
Volumes
Consolidated
mid-single-digit growth
mid-single-digit growth
mid-single-digit growth
Mexico
mid-single-digit growth
mid to high-single-digit
growth
mid to high-single-digit
growth
United States
high-single-digit growth
high-single-digit growth
mid-single-digit growth
Germany
5%
3%
1%
Poland
4%
4%
4%
France
N/A
2%
4%
UK
1%
2%
3%
Spain
(9%)
(6%)
(16%)
Egypt
(7%)
12%
35%
Colombia
8%
8%
8%
Panama
(10%)
(8%)
(10%)
Costa Rica
6%
6%
6%
Philippines
6%
N/A
N/A |