Key Countries: One-Third of Global Cement Companies EBITDA Generated in US in 2020

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For the 12 global cement companies that we follow, the US was by far the largest contributor to their 2020 EBITDA accounting for 33.4% (+3.0pp) of the total.

This was followed by India at 10.7% (+2.6pp), Mexico at 5.6% (+0.2pp) and Nigeria at 5.4% (+0.5pp).