Fitch: Latin America Cement: Strong Demand Prospects for 2015

CHICAGO--()--The outlook for the Latin America cement sector is positive in 2015, demonstrating solid fundamentals across most countries in Latin America, according to a new Fitch Ratings report.

Fitch expects cement companies across the region to be primarily focused on deleveraging their businesses and improving liquidity positions during 2015. Temporary restrictions on large capital projects or delaying debt funded acquisitions are not expected to hinder the long-term credit fundamentals of these entities.

Countries across Latin America have earmarked a significant portion of their budgets for public investments over 2015. Combined with private investment and the overall high proportion of bagged to bulk cement sales in the region, cement companies are poised for solid volume growth in 2015.

The full report '2015 Outlook: Latin America Cement' is available at 'www.fitchratings.com.'

Additional information is available at 'www.fitchratings.com'.

Applicable Criteria and Related Research: 2015 Outlook: Latin America Cement (Strong Demand Prospects)

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=815328

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Contacts

Fitch Ratings
Phillip Wrenn
Associate Director
+1-312-368-2075
Fitch Ratings, Inc.
70 W Madison Street
Chicago, IL 60602
or
Joe Bormann, CFA
Managing Director
+1-312-368-3349
or
Media Relations:
Elizabeth Fogerty, +1-212-908-0526 (New York)
elizabeth.fogerty@fitchratings.com

Contacts

Fitch Ratings
Phillip Wrenn
Associate Director
+1-312-368-2075
Fitch Ratings, Inc.
70 W Madison Street
Chicago, IL 60602
or
Joe Bormann, CFA
Managing Director
+1-312-368-3349
or
Media Relations:
Elizabeth Fogerty, +1-212-908-0526 (New York)
elizabeth.fogerty@fitchratings.com