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
Date of Report: February 3, 2011
CEMEX, S.A.B. de C.V.
(Exact name of Registrant as specified in its charter)
CEMEX PUBLICLY TRADED STOCK CORPORATION WITH VARIABLE CAPITAL
(Translation of Registrants name into English)
United Mexican States
(Jurisdiction of incorporation or organization)
Av. Ricardo Margáin Zozaya #325, Colonia Valle del Campestre
Garza García, Nuevo León, México 66265
(Address of principal executive offices)
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 whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes No X
If Yes is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):
N/A
Contents
1. | Presentation regarding 2011 outlook for CEMEX, S.A.B. de C.V. (addendum to presentation regarding fourth quarter and year end 2010 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: February 3, 2011 | By: /s/ Rafael Garza | |||||
Name: | Rafael Garza | |||||
Title: | Chief Comptroller |
EXHIBIT INDEX
EXHIBIT NO. |
DESCRIPTION | |
1. |
Presentation regarding 2011 outlook for CEMEX, S.A.B. de C.V. (addendum to presentation regarding fourth quarter and year end 2010 results for CEMEX, S.A.B. de C.V.) (NYSE:CX). |
www.cemex.com
2011 OUTLOOK
2011 OUTLOOK
February 2011
February 2011
Exhibit 1 |
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 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, 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 OUR MEXICAN FRS FINANCIAL STATEMENTS
Copyright CEMEX, S.A.B. de C.V. and its subsidiaries.
2 |
2011
guidance Consolidated volumes for cement, ready mix, and aggregates
expected to show low-to-mid-single-digit growth versus 2010
Cost of energy, on a per-ton-of-cement-produced basis, expected to
increase by about 8%
Total capex expected to reach US$475 million, US$350 million in
maintenance capex and US$125 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
3 |
US$250 million
EBITDA-Enhancing Program Pursuing opportunities to improve and streamline
operations
as well as focusing on building a leaner, more efficient organization
Variable costs reductions
Fuel optimization & increased alternative fuels use in Colombia,
Philippines,
United States, and Germany
Efficient raw material utilization in cement & reducing clinker factor in
Poland, Latvia, UAE, and Egypt
Implementing best practices in Mexicos aggregates business
Fixed costs improvement
Ready-mix business rationalization project in USA
Cement plants maintenance optimization in Mexico
SG&A containment
Country and central corporate cost optimization
4 |
Domestic Gray
Cement
Ready-mix
Aggregates
Volumes
Volumes
Volumes
Mexico
3%
3%
3%
United States
5%
6%
2%
1
Spain
(10%)
(13%)
(9%)
UK
2%
2%
1%
France
N/A
2%
1%
Germany
5%
6%
2%
Poland
6%
12%
0%
Colombia
5%
17%
50%
Philippines
6%
N/A
N/A
5
2011 Outlook:
Selected countries
1
On a like-to-like basis for the ongoing operations
Given the current events in Egypt, we are not providing volume outlook for this
country |