Elementia, S.A.B. de C.V. reported earnings results for the fourth quarter and full year 2019. During the fourth quarter, revenues were 2% lower than the fourth quarter of 2018. The impressive 53% growth in Building Systems LatAm and 60% in Cement Costa Rica were close to offset the 7% decline in Cement Mexico and 16% decline in Metal.
For the full year, consolidated revenues declined 9%, nevertheless, Cement USA and Building systems USA, posted a 9% and 5% increase, respectively.