During the first semester of 2022, 43% of the income of Grupo Empresarial Argos came from its international presence in 19 countries and territories outside of Colombia
13 October 2022At the end of the first half of the year, Grupo Argos registered a total income of more than COP 10.5 billion, of which 43% correspond to its operations outside of Colombia.
Today, Grupo Empresarial Argos has a presence in 20 countries on the American continent and more than 4,000 collaborators outside of Colombia who serve the needs of customers in its construction materials, energy and concessions businesses in five different languages.
Among the most relevant international assets of Grupo Empresarial Argos, the cement operation in the United States stands out, which includes four cement plants and 139 concrete plants (today the company is the main Colombian investor in that country), four solar energy farms and a park wind farm in Costa Rica, in addition to the Mariscal Sucre airport in Quito, Ecuador.
The infrastructure sector is characterized by being one of the greatest drivers of the economy in the world and the case of Grupo Argos shows this. So far this year, Grupo Argos reported sales of more than COP 10.5 billion, reaffirming the good performance of its construction materials, energy, and road and airport concession businesses in the region.
Of the total income, COP 4.5 billion correspond to international operations in the 19 countries and territories where the company has a presence outside of Colombia, which corresponds to 43% of the organization’s consolidated result in the first half of 2022.
As a result of its selective and profitable growth strategy, during the last decade the company strengthened its leadership in the infrastructure sector with a presence in 16 countries and territories through Cementos Argos, where it operates with 12 cement plants and 192 concrete plants. With Celsia it operates in four countries, promoting energy transformation in Colombia, Panama, Costa Rica and Honduras. And with Odinsa it operates in Colombia, Aruba and Ecuador, where the operation of the Mariscal Sucre airport stands out.
With the consolidation of investment platforms in solar power generation, electric power transmission and distribution, roads and airports, the organization will continue its path of profitable growth with new investment opportunities in the Americas, attracting global capital to meet infrastructure needs region of.
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