OTCPK:PILBF - Post by User
Post by
aggmanon Apr 26, 2015 9:48pm
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Post# 23666105
CEMEX Reported 2015 - Q1 - big bump in Cal volumes
CEMEX Reported 2015 - Q1 - big bump in Cal volumesnoted in the Q&A that CA experienced exceptional weather in 2015 Q1 and that ready mix, cement, and aggregate volumes up 12%.
Posotve indicators on cemnt price increase in california.
Across the US agg vols +3% and agg pricing +3%
seasonality effected Texas (Midland, San Antonio and Austin) - so the read through is California was strong.
"Margins should be materially higher in the US".
The US industry is starting up to report its Q1.