Cemex reported a record first?quarter EBITDA of US$794 million, up 34% year on year, reflecting the continued success of its transformation plan. Strong operational performance, disciplined pricing and cost efficiencies helped expand EBITDA margins to 19.8%, while Free Cash Flow from Operations improved by nearly US$300 million. Project Cutting Edge played a key role, contributing around 45% of EBITDA growth, alongside progress in portfolio optimisation and shareholder returns.

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