Cement sector’s M&A streak over for now
UBS believes inorganic proposition is not value accretive given the combination of overcapacity and weak demand
UBS believes inorganic proposition is not value accretive given the combination of overcapacity and weak demand
Large investments in roads and infrastructure projects will fuel cement demand, says Moody's.
Cost escalations, which the sector has been experiencing since the start of 2022, persisted during the second quarter.