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Consolidated net revenue totaled R$22.3 billion in 2021, an increase of 33%. Adjusted EBITDA was R$5.2 billion, up 37% over the previous year. EBITDA margin was 24%, 1 percentage point higher than in 2020. Leverage, measured by the net debt/adjusted EBITDA ratio, dropped from 1.95x to 1.55x, the best level in the last ten years....
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 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...
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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
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