Form 6-K

 

 

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 July, 2014

Commission File Number: 001-14946

 

 

CEMEX, S.A.B. de C.V.

(Translation of Registrant’s 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 second 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:     July 18, 2014                    

    By:  

/s/ Rafael Garza

    Name:   Rafael Garza
    Title:   Chief Comptroller


EXHIBIT INDEX

 

EXHIBIT
NO.

  

DESCRIPTION

1.    Presentation regarding 2014 outlook for CEMEX, S.A.B. de C.V. (addendum to presentation regarding second quarter 2014 results for CEMEX, S.A.B. de C.V.) (NYSE:CX).
EX-1
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, CEMEX’s ability to comply with the
terms and obligations of the facilities agreement entered into with major creditors and other debt
agreements, CEMEX’s 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, 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 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
year’s level
Total capital expenditures expected to be about US$670 million, US$505 million in
maintenance capex and US$165 million in strategic capex
We expect working capital investment during the year to be similar to last year’s
We expect cash taxes to reach about US$600 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
low-single-digit growth
mid-single-digit growth
high-single-digit growth
United States
high-single-digit growth
high-single-digit growth
mid-single-digit growth
Germany
4%
1%
0%
Poland
5%
2%
5%
France
N/A
(1%)
(5%)
UK
1%
2%
8%
Spain
(5%)
(2%)
(23%)
Egypt
(5%)
11%
29%
Colombia
12%
12%
15%
Panama
(12%)
(5%)
(5%)
Costa Rica
6%
0%
4%
Philippines
10%
N/A
N/A