On average, the shares of Grupo Empresarial Argos doubled in value on the Colombia Stock Exchange
29 April 2024On average the shares of Grupo Empresarial Argos doubled in value on the Colombia Stock Exchange
Read moreBetween 2020 and 2022, Grupo Argos has reduced its consolidated debt by ∼ COP 2 trillion, which has allowed it to prepare for the current context of high interest rates. In addition to a rigorous spending policy, the reduction is due to a guideline that has led to a large part of the excess liquidity being directed to the payment of debt and to a coverage program with financial investments that have allowed it to cover part of the growth in interest rates registered during the last months.
This debt reduction is even more relevant with the prospects of interest rates that continue to grow throughout the world as a measure to curb the growth of inflation, and represents a competitive advantage for Grupo Argos, allowing it greater financial flexibility to continue generating value for all its shareholders.
On average the shares of Grupo Empresarial Argos doubled in value on the Colombia Stock Exchange
Read moreArgos Business Group has supported nearly 200 employees in their professional development thanks to the scholarship and financial sponsorship program in higher education
Read moreOn Earth Day, Grupo Argos Foundation announces that it has reached five million trees planted and has five programs for the protection of 16 water basins
Read more30% of the talent at Grupo Empresarial Argos is made up of women: more than 37% hold leadership positions and about 29% hold senior management positions
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