During this year, Argos has recorded the highest levels of sales and EBITDA in our history, COP 8.5 trillion and COP 1.5 trillion, respectively. The United States, Argos´ main operation, has grew 23 % in revenue and 26 % in EBITDA in the quarter. We have reached a consolidated leverage level of 2.8 times, the...
First six start-ups announced to receive the backing of world-leading cement companies as part of the industry’s drive to reach net zero Low carbon concrete and carbon capture, utilisation and storage among sustainable start-ups backed by global cement industry The Global Cement and Concrete Association (GCCA) has revealed the first six start-ups that...
Argos is committed to continuing its efforts to deliver outstanding solutions and sustainable products to its customers. Resulting from this determination, the cement company is announcing its new EcoStrong PLC brand. EcoStrong PLC is a high-quality blended hydraulic cement used in sustainable building practices that can reduce carbon emissions by up to 10%. EcoStrong PLC exhibits Argos’ passion for developing strong solutions to build a more sustainable world together.
▪ The dividend declared is $281.2 per share, 37 % higher than in 2021, and will be paid in cash in four quarterly installments starting in April of this year. ▪ On a consolidated basis, Argos achieved in 2021 the best results in its history taking into consideration all business’ dimensions. ▪ At the end...
Argos achieved an annual consolidated EBITDA of 2.16 billion Colombian pesos, the highest result in its history. The company reported an 18.3%** increase in consolidated cement volumes and a 2.7%** increase in consolidated ready-mix volumes at the end of the year. The net debt to EBITDA plus dividends ratio closed at 2.87...
Argos Cement facility in Roberta, AL, will convert to produce 100 % PLC by end of the second quarter 2022.
As part of the conversion to products with lower CO2 content, Wilmington, Statesville, and Durham, NC, terminals will also convert to 100 % PLC by the end of the second quarter 2022
Cementos Argos Receives Gold Medal Awarded by S&P Global in the 2022 Global Sustainability Yearbook, which highlights the companies with the best sustainability practices in the world. The company was included for the ninth consecutive year, thanks to its exemplary environmental, social, and corporate governance practices, and for being recognized in 2021 as the world...