Financial

Cemex sees fall in '09 volume, but will pay down debt

14 December, 2020

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Cemex said on Wednesday at its Investor and Analyst Conference - Cemex Day - that it sees 2009 EBITDA in the range of $3,5 billion to $3,7 billion. Free cash flow is expected to be between $1,9 billion and $2,1 billion, but debt burden remains a concern. Egypt is the only major market for Cemex not expected to fall in 2009.

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