Over the past several years, we have been facing the consequences of the global economic and financial crisis:
we have worked aggressively to become more efficient and more agile; improved how we allocate and use capital; and sold assets, refinanced debt, raised equity, and strengthened our balance sheet. Amplifying these efforts, in early 2011, we embarked on a radical transformation of CEMEX to more rapidly return to the path of sustainable value creation.
we have created
an organization
that is more
agile, flatter,
and closer
to the market