Fourth Quarter Results Strong group cash flow and lower interest expense result in significant higher cash earnings and interest coverage ratios
نویسندگان
چکیده
• CEMEX’s consolidated net sales increased 8% in real terms (see explanation on page 10) to Ps. 7.953 billion during the fourth quarter of 1997 versus 1996. Approximately 5 percentage points of this increase is attributable to the consolidation of Colombian subsidiary Samper beginning in 1997. Net sales also increased 8% for the full year 1997 to Ps. 30.573 billion. In dollar terms, net sales increased 13% in the both the fourth quarter and the full year to US$985 million and US$3,788 million, respectively.
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تاریخ انتشار 1998