Exhibit 2

2017 FOURTH QUARTER RESULTS â–ª Stock Listing Information Colombian Stock Exchange S.A. Ticker: CLH â–ª Investor Relations Jesús Ortiz de la Fuente +57 (1) 603-9051 E-mail: jesus.ortizd@cemex.com

OPERATING AND FINANCIAL HIGHLIGHTS      January—December Fourth Quarter20172016% var 20172016% varConsolidated cement volume7,4477,460(0%)1,7751,794(1%)Consolidated domestic gray cement6,5376,569(0%)1,5631,593(2%)Consolidated ready-mix volume2,9083,079(6%)712724(2%)Consolidated aggregates volume6,9857,264(4%)1,7511,7172%Net sales1,2431,315(6%)289303(5%)Gross profit536638(16%)127142(10%)as % of net sales43.1%48.5%(5.4pp)44.2%47.0%(2.8pp)Operating earnings before other231342(33%)5467(20%)expenses, netas % of net sales18.6%26.0%(7.4pp)18.6%22.1%(3.5pp)Controlling interest net income (loss)46140(67%)-33-4(812%)Operating EBITDA310424(27%)7284(15%)as % of net sales25.0%32.2%(7.2pp)24.9%27.7%(2.8pp)Free cash flow after maintenance75237(69%)056N/Acapital expendituresFree cash flow4597(53%)024(100%)Net debt882938(6%)882938(6%)Total debt927983(6%)927983(6%)Earnings per share0.080.25(67%)(0.06)(0.01)(806%)Shares outstanding at end of period5575560%5575560%Employees4,2974,707(9%)4,2974,707(9%)Cement and aggregates volumes in thousands of metric tons. Ready-mix volumes in thousands of cubic meters. In millions of US dollars, except volumes, percentages, employees, and per-share amounts. Shares outstanding are presented in millions. Consolidated net sales during the fourth quarter of 2017 declined by 5% compared to those of the fourth quarter of 2016. For the full year consolidated net sales decreased by 6%, compared to those of 2016. These declines are mostly explained by lower cement volumes and prices in Colombia. Cost of sales as a percentage of net sales during 2017 increased by 5.4pp from 51.5% to 56.9%, on a year-over-year basis. Operating expenses as a percentage of net sales during 2017 increased by 2.1pp from 22.5% to 24.6%, compared to those of 2016. Operating EBITDA during the fourth quarter of 2017 declined by 15% compared to that of the fourth quarter of 2016. During the full year operating EBITDA decreased by 27%, compared to that of 2016. This decline is mainly explained by lower cement volumes and prices in Colombia. Operating EBITDA margin during the fourth quarter of 2017 declined by 2.8pp, compared to that of the fourth quarter of 2016. During 2017 operating EBITDA margin declined by 7.2pp compared to that of 2016. Controlling interest net income during 2017 reached US$46 million, declining 67% compared to that of 2016. During the fourth quarter of 2017 we registered a Controlling interest net loss of US$33 million, US$29 million less than in the fourth quarter of 2016. Total debt at the end of the year reached US$927 million. 2017 Fourth Quarter Results Page 2

OPERATING RESULTS Colombia January—December Fourth Quarter2017 2016 % var 2017 2016 % varNet sales 566 665 (15%) 134 153 (13%) Operating EBITDA 113 214 (47%) 30 38 (20%) Operating EBITDA margin 19.9% 32.1% (12.2pp) 22.5% 24.6% (2.1pp)In millions of US dollars, except percentages.Domestic gray cement Ready-Mix Aggregates January—January—January—December Fourth Quarter December Fourth Quarter December Fourth QuarterVolume (6%) (8%) (13%) (8%) (17%) (12%) Price (USD) (17%) (11%) 0% (2%) 7% 5% Price (local currency) (19%) (12%) (2%) (4%) 4% 4%Year-over-year percentage variation.In Colombia, during the fourth quarter our domestic gray cement and ready-mix volumes decreased by 8% while our aggregates volumes declined by 12%, compared to those of the fourth quarter of 2016. For the full year, our domestic gray cement, ready-mix and aggregates volumes decreased by 6%, 13% and 17%, respectively, compared to those of 2016. Cement consumption, both during the full year and the fourth quarter, was affected by weak demand from industrial and commercial projects, as well as from high and middle income housing developments. Although our cement prices in local currency terms declined in 4Q17 on a year-over-year basis, they increased 2% against those of 3Q17. Our cement prices in local currency terms as of December were ~3.5% higher than in June. The deterioration in EBITDA during the fourth quarter, on a year over year basis, relates mainly to lower cement volumes and prices, higher distribution costs due to the closure of our Bucaramanga plant, and higher fuel costs. Panama January—December Fourth Quarter2017 2016 % var 2017 2016 % varNet sales 266 256 4% 54 57 (4%) Operating EBITDA 108 116 (7%) 21 26 (18%) Operating EBITDA margin 40.7% 45.3% (4.6pp) 38.5% 45.3% (6.8pp)In millions of US dollars, except percentages.Domestic gray cement Ready-Mix Aggregates January—January—January—December Fourth Quarter December Fourth Quarter December Fourth QuarterVolume 3% (3%) 9% (12%) 13% (1%) Price (USD) (0%) 0% (0%) (2%) (4%) (8%) Price (local currency) (0%) 0% (0%) (2%) (4%) (8%)Year-over-year percentage variation.In Panama during the fourth quarter our domestic gray cement, ready-mix and aggregates volumes decreased by 3%, 12% and 1%, respectively, compared to those of the fourth quarter of 2016. During 2017, our domestic gray cement, ready-mix and aggregates volumes increased by 3%, 9% and 13%, respectively, compared to those of 2016.    Our cement dispatches in the country both during the full year and the fourth quarter were driven by infrastructure works like the second line of the Subway, Minera Panamá, and the urban renovation of Colon city, as well as by middle-income and low-income residential projects. Our margin decline of 6.8 percentage points during the quarter is mostly explained by lower demand for our three core products, lower ready-mix and aggregates prices, higher fuel costs, and a higher clinker factor in our cement operations related to the change in our limestone source.    2017 Fourth Quarter Results                Page 3

OPERATING RESULTS Costa Rica January—December Fourth Quarter2017 2016 % var 2017 2016 % varNet sales 149 151 (2%) 35 32 10% Operating EBITDA 53 61 (12%) 13 12 9% Operating EBITDA margin 35.7% 40.1% (4.4pp) 37.2% 37.8% (0.6pp)In millions of US dollars, except percentages.Domestic gray cement Ready-Mix Aggregates January—January—January—December Fourth Quarter December Fourth Quarter December Fourth QuarterVolume 3% 17% 11% 43% 36% 65% Price (USD) (7%) (4%) (14%) (7%) (50%) (44%) Price (local currency) (3%) (2%) (10%) (5%) (49%) (43%)Year-over-year percentage variation.In Costa Rica, during the fourth quarter our domestic gray cement, ready-mix and aggregates volumes increased by 17%, 43% and 65%, respectively, compared to those of the fourth quarter of 2016. For the full year our domestic gray cement, ready-mix and aggregates volumes increased by 3%, 11% and 36%, respectively, compared to those of 2016.    Daily national cement consumption increased during the October-December period for the third consecutive quarter, on a year-over-year basis, fueled by industrial and commercial developments. Execution of infrastructure works in the country remained subdued during the fourth quarter. Rest of CLH January—December Fourth Quarter2017 2016 % var 2017 2016 % varNet sales 286 263 8% 70 66 6% Operating EBITDA 85 84 0% 19 20 (2%) Operating EBITDA margin 29.7% 32.0% (2.3pp) 27.4% 29.7% (2.3pp)In millions of US dollars, except percentages.Domestic gray cement Ready-Mix Aggregates January—January—January—December Fourth Quarter December Fourth Quarter December Fourth QuarterVolume 9% 6% 45% 103% 101% 234% Price (USD) (0%) 1% (11%) (14%) (16%) (25%) Price (local currency) (0%) 2% (10%) (12%) (12%) (21%)Year-over-year percentage variation.In the Rest of CLH region, which includes our operations in Nicaragua, Guatemala, El Salvador and Brazil, during the fourth quarter of 2017 our domestic gray cement, ready-mix and aggregates volumes increased by 6%, 103%, and 234%, respectively, compared to those of the fourth quarter of 2016. The October-December period was the 10th consecutive quarter that our cement volumes grew on a year-over-year basis. For the full year, our domestic gray, ready-mix and aggregates volumes increased by 9%, 45%, and 101% respectively, compared to those of 2016. In Nicaragua, infrastructure works continued to drive cement consumption. Although housing developments continue to demand our products, construction activity for new projects has slowed down in recent quarters. With regards to Guatemala, while residential, and industrial and commercial works continue to drive cement demand, consumption from public works remains dull. During the fourth quarter national cement consumption was negatively affected by a decrease in demand from two mining projects. 2017 Fourth Quarter Results                Page 4

OPERATING EBITDA, FREE CASH FLOW AND DEBT RELATED INFORMATION Operating EBITDA and free cash flow January—December Fourth Quarter2017 2016 % var 2017 2016 % var Operating earnings before other expenses, net 231                 343 (33%) 54 67 (20%)+ Depreciation and operating amortization 79                81 18 17 Operating EBITDA 310                 424 (27%) 72 84 (15%)- Net financial expense 63 64 17 15—Capital expenditures for maintenance 51 56 15 24—Change in working Capital 17 (38) 23 (21)—Taxes paid 100 100 17 15—Other cash items (Net) 4 5 0 (5)Free cash flow after maintenance capital exp 75                 237 (69%) 0 56 (100%)- Strategic Capital expenditures 30 140 (0) 32 Free cash flow 1 45                97 (53%) 0 24 (100%)In millions of US dollars, except percentages. 1) In connection with the penalty imposed by the Colombian Superintendence of Industry and Commerce, an accounting provision was created in December 2017, affecting our Controlling Interest Net Income in 4Q17. The cash outflow for this matter took place on January 5, 2018, when the fine was paid. For purposes of the table above, the expense and the account payable are presented net. Information on Debt Third Fourth Quarter Quarter Fourth Quarter 2017 2016 % var 2017 2017 2016 Total debt 1, 2 927 983 922 Currency denomination                Short term 37% 16% 16%                U.S. dollar 98% 97%                Long term 63% 84% 84%                Colombian peso 2% 3% Cash and cash equivalents 45 45 1% 41 Interest rate Net debt 882 938 (6%) 881                Fixed 63% 75%                Variable 37% 25%In millions of US dollars, except percentages.1 Includes capital leases, in accordance with International Financial Reporting Standards (IFRS). 2 Represents the consolidated balances of CLH and subsidiaries.2017 Fourth Quarter Results                Page 5

OPERATING RESULTS Income statement & balance sheet CEMEX Latam Holdings, S.A. and Subsidiaries in thousands of U.S. Dollars, except per share amounts January—December Fourth QuarterINCOME STATEMENT 2017 2016 % var 2017 2016 % varNet sales 1,242,897 1,315,326 (6%) 288,576 303,173 (5%) Cost of sales (706,777) (676,860) (4%) (161,095) (160,818) (0%)Gross profit 536,120 638,466 (16%) 127,481 142,355 (10%)Operating expenses (305,284) (296,000) (3%) (73,872) (75,448) 2%Operating earnings before other expenses, net 230,836 342,466 (33%) 53,609 66,907 (20%)Other expenses, net (79,347) (30,219) (163%) (73,306) (27,512) (166%)Operating earnings 151,489 312,247 (51%) (19,697) 39,395 N/A                Financial expenses (63,290) (63,701) 1% (16,671) (14,372) (16%)                Other income (expenses), net (4,466) (484) (823%) (3,582) (12,927) 72%Net income before income taxes 83,733 248,062 (66%) (39,950) 12,096 N/A                Income tax (37,322) (107,793) 65% 6,865 (15,746) N/AConsolidated net income 46,411 140,269 (67%) (33,085) (3,650) (807%)Non-controlling Interest Net Income (316) (500) 37% (28) 18 N/AControlling Interest Net Income 46,095 139,769 (67%) (33,113) (3,632) (812%)Operating EBITDA 310,327 423,650 (27%) 71,761 84,067 (15%) Earnings per share 0.08 0.25 (67%) (0.06) (0.01) (806%)as of December 31BALANCE SHEET 2017 2016 % var Total Assets 3,293,989 3,294,646 (0%)                Cash and Temporary Investments 45,154 44,907 1%                Trade Accounts Receivables 115,475 100,344 15%                Other Receivables 58,238 33,278 75%                Inventories 82,675 71,595 15%                Other Current Assets 25,745 11,247 129% Current Assets 327,287 261,371 25% Fixed Assets 1,250,521 1,236,150 1% Other Assets 1,716,181 1,797,125 (5%)Total Liabilities 1,750,944 1,820,735 (4%)Current Liabilities 682,837 457,863 49% Long-Term Liabilities 1,052,481 1,347,146 (22%) Other Liabilities 15,626 15,726 (1%)Consolidated Stockholders’ Equity 1,543,045 1,473,911 5%Non-controlling Interest 4,910 4,813 2% Stockholders’ Equity Attributable to Controlling Interest 1,538,135 1,469,098 5%2017 Fourth Quarter Results                Page 6

OPERATING RESULTS Income statement & balance sheet CEMEX Latam Holdings, S.A. and Subsidiaries in millions of Colombian Pesos in nominal terms, except per share amounts January—December Fourth QuarterINCOME STATEMENT 2017 2016 % var 2017 2016 % varNet sales 3,676,353 3,998,710 (8%) 865,876 923,009 (6%) Cost of sales (2,090,570) (2,057,715) (2%) (483,370) (489,610) 1%Gross profit 1,585,783 1,940,995 (18%) 382,506 433,399 (12%)Operating expenses (902,994) (899,866) (0%) (221,648) (229,700) 4%Operating earnings before other expenses, net 682,789 1,041,129 (34%) 160,858 203,699 (21%)Other expenses, net (234,701) (91,870) (155%) (219,959) (83,763) (163%)Operating earnings 448,088 949,259 (53%) (59,101) 119,936 N/A                Financial expenses (187,202) (193,659) 3% (50,020) (43,751) (14%)                Other income (expenses), net (13,212) (1,470) (799%) (10,749) (39,358) 73%Net income before income taxes 247,673 754,130 (67%) (119,870) 36,827 N/A                Income tax (110,396) (327,699) 66% 20,601 (47,938) N/AConsolidated net income 137,277 426,431 (68%) (99,269) (11,111) (793%)Non-controlling Interest Net Income (932) (1,522) 39% (86) 50 N/AControlling Interest Net Income 136,345 424,909 (68%) (99,355) 11,061 N/AOperating EBITDA 917,914 1,287,934 (29%) 215,318 255,941 (16%) Earnings per share 246.60 766.44 (68%) (178.32) (19.97) (793%)as of December 31BALANCE SHEET 2017 2016 % var Total Assets 9,829,262 9,886,277 (1%)                Cash and Temporary Investments 134,738 134,753 (0%)                Trade Accounts Receivables 344,578 301,103 14%                Other Receivables 173,782 99,859 74%                Inventories 246,703 214,834 15%                Other Current Assets 76,825 33,750 128% Current Assets 976,626 784,299 25% Fixed Assets 3,731,553 3,709,327 1% Other Assets 5,121,083 5,392,651 (5%)Total Liabilities 5,224,819 5,463,499 (4%)Current Liabilities 2,037,587 1,373,913 48% Long-Term Liabilities 3,140,603 4,042,397 (22%) Other Liabilities 46,629 47,189 (1%)Consolidated Stockholders’ Equity 4,604,443 4,422,778 4%Non-controlling Interest 14,652 14,441 1% Stockholders’ Equity Attributable to Controlling Interest 4,589,791 4,408,337 4% 2017 Fourth Quarter Results                Page 7

OPERATING RESULTS Operating Summary per Country in thousands of U.S. dollars Operating EBITDA margin as a percentage of net sales January—December Fourth Quarter2017 2016 % var 2017 2016 % varNET SALESColombia 565,649 665,154 (15%) 133,630 153,369 (13%) Panama 266,273 256,301 4% 54,481 56,692 (4%) Costa Rica 148,855 151,370 (2%) 35,123 31,835 10% Rest of CLH 285,559 263,386 8% 70,182 66,225 6% Others and intercompany eliminations (23,439) (20,885) (12%) (4,840) (4,948) 2%TOTAL 1,242,897 1,315,326 (6%) 288,576 303,173 (5%)GROSS PROFITColombia 211,696 305,042 (31%) 52,564 62,170 (15%) Panama 124,426 129,591 (4%) 24,341 29,249 (17%) Costa Rica 70,619 77,895 (9%) 17,638 15,839 11% Rest of CLH 109,949 106,493 3% 26,143 25,958 1%Others and intercompany eliminations 19,430 19,445 (0%) 6,795 9,139 (26%)TOTAL 536,120 638,466 (16%) 127,481 142,355 (10%)OPERATING EARNINGS BEFORE OTHER EXPENSES, NET Colombia 86,666 187,468 (54%) 23,161 30,981 (25%) Panama 90,919 98,090 (7%) 16,326 21,256 (23%) Costa Rica 47,886 54,446 (12%) 11,805 10,520 12% Rest of CLH 78,718 78,892 (0%) 17,733 18,322 (3%) Others and intercompany eliminations (73,353) (76,430) 4% (15,416) (14,172) (9%)TOTAL 230,836 342,466 (33%) 53,609 66,907 (20%)OPERATING EBITDAColombia 112,774 213,836 (47%) 30,111 37,782 (20%) Panama 108,444 116,053 (7%) 20,969 25,689 (18%) Costa Rica 53,102 60,646 (12%) 13,077 12,031 9% Rest of CLH 84,756 84,398 0% 19,212 19,653 (2%) Others and intercompany eliminations (48,749) (51,283) 5% (11,608) (11,088) (5%)TOTAL 310,327 423,650 (27%) 71,761 84,067 (15%)OPERATING EBITDA MARGINColombia 19.9% 32.1% 22.5% 24.6% Panama 40.7% 45.3% 38.5% 45.3% Costa Rica 35.7% 40.1% 37.2% 37.8% Rest of CLH 29.7% 32.0% 27.4% 29.7%TOTAL 25.0% 32.2% 24.9% 27.7% 2017 Fourth Quarter Results                Page 8

OPERATING RESULTS Volume Summary Consolidated volume summary Cement and aggregates in thousands of metric tons Ready mix in thousands of cubic meters January—December Fourth Quarter2017 2016 % var 2017 2016 % varTotal cement volume 1 7,447 7,460 (0%) 1,775 1,794 (1%) Total domestic gray cement volume 6,537 6,569 (0%) 1,563 1,593 (2%) Total ready-mix volume 2,908 3,079 (6%) 712 724 (2%) Total aggregates volume 6,985 7,264 (4%) 1,751 1,717 2%1 Consolidated cement volume includes domestic and export volume of gray cement, white cement, special cement, mortar and clinker.Per-country volume summary January—December Fourth Quarter Fourth Quarter 20172017 vs. 2016 2017 vs. 2016 vs. Third Quarter 2017DOMESTIC GRAY CEMENTColombia (6%) (8%) (5%) Panama 3% (3%) (21%) Costa Rica 3% 17% (3%) Rest of CLH 9% 6% 3%READY-MIXColombia (13%) (8%) (1%) Panama 9% (12%) (21%) Costa Rica 11% 43% (9%) Rest of CLH 45% 103% 73%AGGREGATESColombia (17%) (12%) 4% Panama 13% (1%) (20%) Costa Rica 36% 65% (5%) Rest of CLH 101% 234% 222%2017 Fourth Quarter Results                Page 9

OPERATING RESULTS Price Summary Variation in U.S. dollars January—December Fourth Quarter Fourth Quarter 20172017 vs. 2016 2017 vs. 2016 vs. Third Quarter 2017DOMESTIC GRAY CEMENTColombia (17%) (11%) 1% Panama (0%) 0% 0% Costa Rica (7%) (4%) 1% Rest of CLH (0%) 1% 1%READY-MIXColombia 0% (2%) (2%) Panama (0%) (2%) (6%) Costa Rica (14%) (7%) (0%) Rest of CLH (11%) (14%) (9%)AGGREGATESColombia 7% 5% (5%) Panama (4%) (8%) (3%) Costa Rica (50%) (44%) (14%) Rest of CLH (16%) (25%) (19%)For Rest of CLH, volume-weighted average prices.Variation in local currency January—December Fourth Quarter Fourth Quarter 20172017 vs. 2016 2017 vs. 2016 vs. Third Quarter 2017DOMESTIC GRAY CEMENTColombia (19%) (12%) 2% Panama (0%) 0% 0% Costa Rica (3%) (2%) (0%) Rest of CLH (0%) 2% 2%READY-MIXColombia (2%) (4%) (1%) Panama (0%) (2%) (6%) Costa Rica (10%) (5%) (1%) Rest of CLH (10%) (12%) (8%)AGGREGATESColombia 4% 4% (4%) Panama (4%) (8%) (3%) Costa Rica (49%) (43%) (14%) Rest of CLH (12%) (21%) (18%) For Rest of CLH, volume-weighted average prices.2017 Fourth Quarter Results                Page 10

DEFINITIONS OF TERMS AND DISCLOSURES Methodology for translation and presentation of results Under IFRS, CLH reports its consolidated results in its functional currency, which is the US Dollar, by translating the financial statements of foreign subsidiaries using the corresponding exchange rate at the reporting date for the balance sheet and the corresponding exchange rates at the end of each month for the income statement. For the reader’s convenience, Colombian peso amounts for the consolidated entity are calculated by converting the US dollar amounts using the closing COP/US$ exchange rate at the reporting date for balance sheet purposes, and the average COP/US$ exchange rate for the corresponding period for income statement purposes. The exchange rates used to convert: (i) the balance sheet as of December 31, 2017 and December 31, 2016 was $2,984.00 and $3,000.71 Colombian pesos per US dollar, respectively, and (ii) the consolidated results for the fourth quarter of 2017 and for the fourth quarter of 2016 were $3,000.51 and $3,044.49 Colombian pesos per US dollar, respectively. Per-country/region selected financial information of the income statement is presented before corporate charges and royalties which are included under “other and intercompany eliminations.” Consolidated financial information When reference is made to consolidated financial information means the financial information of CLH together with its consolidated subsidiaries. Presentation of financial and operating information Individual information is provided for Colombia, Panama and Costa Rica. Countries in Rest of CLH include Nicaragua, Guatemala, El Salvador and Brazil. Exchange rates January—December January—December Fourth Quarter2017 closing 2016 closing 2017 average 2016 average 2017 average 2016 averageColombian peso 2,984.00 3,000.71 2,957.89 3,040.09 3,000.51 3,044.49 Panama balboa 1.00 1.00 1.00 1.00 1.00 1.00 Costa Rica colon 572.56 561.10 572.30 552.06 571.08 559.89 Euro 1.20 1.05 1.14 1.10 1.18 1.07Amounts provided in units of local currency per US dollar.2017 Fourth Quarter Results                Page 11

DEFINITIONS OF TERMS AND DISCLOSURES Definition of terms    Free cash flow equals operating EBITDA minus net interest expense, maintenance and strategic capital expenditures, change in working capital, taxes paid, and other cash items (net other expenses less proceeds from the disposal of obsolete and/or substantially depleted operating fixed assets that are no longer in operation). Maintenance capital expenditures investments incurred for the purpose of ensuring CLH’s operational continuity. These include capital expenditures on projects required to replace obsolete assets or maintain current operational levels, and mandatory capital expenditures, which are projects required to comply with governmental regulations or internal policies. Net debt equals total debt minus cash and cash equivalents. Operating EBITDA equals operating earnings before other expenses, net, plus depreciation and operating amortization. pp equals percentage points. Strategic capital expenditures investments incurred with the purpose of increasing CLH’s profitability. These include capital expenditures on projects designed to increase profitability by expanding capacity, and margin improvement capital expenditures, which are projects designed to increase profitability by reducing costs. Working capital equals operating accounts receivable (including other current assets received as payment in kind) plus historical inventories minus operating payables. 2017 Fourth Quarter Results                Page 12