Integrated report 2021

Consult in one place our integrated report.

Integrated report Grupo Argos 2021

This report is the result of a transparency exercise on the management of the most relevant economic, social and environmental issues for Grupo Argos and its stakeholders during the year 2021.

Integrated report 2021

During the last decade, Grupo Argos’ net income has multiplied 5.1 times.

Between 2022 and 2021, Grupo Argos multiplied its EBITDA 2.7 times.

We generate economic value

Proper financial management contributes to the permanence of our businesses over time, so that our investments reflect their potential value and obtain adequate returns that benefit our shareholders, while contributing to the economic and social development of the countries where our investments operate.

Relevant figures Grupo Argos

    ASSETS

    COP 19

    Billion during 2021

    EBITDA

    COP 420

    Billion during 2021

    REVENUES

    COP 653

    Billion during 2021

    NET INCOME

    COP 336

    billion during 2021

Relevant figures Grupo Empresarial Argos

    ASSETS

    COP 53

    Billion during 2021

    EBITDA

    COP 4,3

    Billion during 2021

    REVENUES

    COP 16,3

    Billion during 2021

    NET INCOME

    COP 1,2

    Trillion during 2021

Our busines

During the last 10 years, Grupo Argos has gone through a transformation process, through which it went from being a company with investments in the cement business with consolidated assets of COP 27 billion, to position itself as a relevant player in the infrastructure sector on the continent. American with COP 53 trillion in assets under management and a solid and vibrant corporate culture that enables the generation of value in the 18 countries where it operates.

We positively transform lives through the mobilization of financial, human, intellectual and social capital in investments that generate superior economic results, obtained by preserving our planet for future generations and generating well-being for our stakeholders.

We work to consolidate ourselves as a benchmark infrastructure asset manager in the Americas and attract institutional capital to selectively grow in the region, developing attractive and profitable platforms for long-term institutional investors.

We built a comprehensive risk model that allows us to manage them proactively based on a comprehensive reading of the environment and a deep understanding of our business.

We seek to give our environment more than we take from it, we are aware that we have a great responsibility as agents of transformation of society. For this reason, we transcend the search for profitable growth, making decisions that consider the risks and environmental impacts generated by our businesses and investments, thus guaranteeing the durability of our company over time.

Value levers

Our materiality analysis is the roadmap that reflects for Grupo Argos the most important work focuses in environmental, social and governance (ESG) matters, and that allows us to adapt to changes in the environment, market dynamics and the expectations of our stakeholders.

 

Materiality analysis

The level of relevance of the topics developed in this chapter accurately reflects the six issues that we consider our key levers that, as an asset manager, allow us to generate value in our companies, society and the planet.

The guidelines and support in the decision-making of our businesses, as well as the monitoring of their disciplined execution, allow them to respond to their different competitive realities. Our strategy addresses the premise of accelerating growth and generating more value hand in hand with partners who share the vision, values and balanced management of the various interest groups, as well as attracting institutional capital of global stature.

Proper financial management contributes to the permanence of our businesses over time, so that our investments reflect their potential value and obtain adequate returns that benefit our shareholders, while contributing to the economic and social development of the countries where our investments operate.

Having solid corporate governance and compliance systems fosters an environment of trust and transparency to maintain relationships with our stakeholders and ensure business integrity. We remain at the forefront by implementing the best practices, which allows us to have suitable behavior and administration parameters.

We work to manage the risks and take advantage of the opportunities posed by the transforming forces of the world and the environment in which our operations are found, allowing us to minimize the negative impacts of our activities and maximize the positive ones, benefiting all our stakeholders.

Building and strengthening corporate reputation is a process that we carry out constantly and proactively through consistent and transparent relationship management, communication channels and content strategies so that our stakeholders know, trust and support the management of Grupo Argos and its businesses.

Proper management of talent and culture enables and promotes among employees the behaviors and leadership required to achieve Grupo Argos’ strategy.

 Materiality of Grupo Empresarial Argos

At Grupo Argos we play the role of active strategic architect, leading and accompanying the monitoring of the general sustainability model of the Business Group, with a broad vision of trends and risks, and promoting the setting of goals and objectives in our strategic businesses and portfolio investments. , and for their administrators.

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