SEPTEMBER 4, 2018
Grupo Argos, and its subsidiary Cementos Argos, in their constant commitment to the establishment of trust relationships and with the delivery of timely and quality information, were highlighted for the second consecutive year in the ranking by Institutional Investor, global magazine leader in finance , recognized worldwide for its extensive research in this area.
The teams and programs of Relations with Investors of Cementos Argos and Grupo Argos were highlighted in the first places in the category Cement and Construction for medium-capitalization companies. In these categories, topics such as financial disclosure, access to senior management, responsiveness, knowledge and authority of the team, proactive communication and more constructive conferences, and others, were evaluated. In the global measurement, both companies also obtained important positions.
In the individual recognitions were highlighted Juan Esteban Calle, President of Cementos Argos; Alejandro Piedrahíta, vice president of Corporate Finance of Grupo Argos; and Manuela Ramírez and Natalia Agudelo, responsible for relations with investors of both companies.
In addition, Cementos Argos was highlighted as the company with the best dissemination of metrics with topics as sustainability, environment, corporate governance and the best event for analysts.
For the 2018 edition, this measurement collected the opinions of 517 portfolio managers and buyside funds, and 300 analysts from the Latin American sellside and about 12 industrial sectors were analyzed
The companies of Grupo Empresarial Argos reaffirm their confidence in their long-term strategy and business plan.
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Over the course of 2024, the ordinary shares of Grupo Argos have appreciated by 10.5%, while the preferred shares have seen an increase of 22%. In the case of Cementos Argos, ordinary shares have increased by 5% and preferred shares by 27%. Finally, the share of Celsia has experienced an appreciation of 12%.
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The transaction was promoted by Grupo Argos in its role as an asset manager and majority shareholder of Cementos Argos, marking a significant milestone in the company's history of growth and value creation since its entry into the U.S. market in 2005.
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