Grupo Argos ranked first among the business conglomerates with the greatest capacity to attract and retain talent and 45th place in the general ranking published by Merco. In this edition, the Monitor highlighted Grupo Argos in the seventh position of a new digital measurement that recognizes the companies with the highest and best quality of […]
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Recently, Grupo Argos was recognized with the AAA rating, the maximum granted, by S&P and Fitch Ratings, confirming the company’s long-term strategy and its results. These ratings allow Grupo Argos to access financing options at a lower cost and to be a more attractive company for national and foreign investors. In recent years, the organization […]
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The ratings are given thanks to the stability in the flow of the Grupo Argos dividends, its investment portfolio made up of companies in the best credit rating ranges, the decrease in the organization’s leverage, the greater contribution of the Urban Development Business and a solid capital structure. The positive assessment by Fitch Ratings is […]
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Since 2016, the organization’s Urban Development Business has generated cash flow income of COP 711 billion, for a net cash flow of COP 315 billion, and has structured projects that will generate income of COP 400 billion over the next five years. , allowing growth in the infrastructure segment of the Business Group, while the valuation […]
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In 2021 alone, Cementos Argos reached the record figure of 942,000 tons of cement exported, which represents an increase of more than 11,000 tons compared to 2020. With the recent expansion of the port in Cartagena of the Cementos Argos plant, exports in the first quarter of 2022 grew by 32% compared to the same […]
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Celsia currently has eight farms in Colombia, Panama and Honduras, and 96 photovoltaic flats and roofs that serve industrial customers, universities, shopping centers, hotels, among others; and has installed panels in 483 homes. The company currently has solar projects under structuring and development for 1,000 MW that could be executed in the next four years. […]
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Grupo Argos’ consolidated revenues amounted to COP 4.6 trillion, growing by 24%, EBITDA reached COP 1.2 trillion, increasing by 28%, and net income reached COP 315 billion, increasing by 65%. The energy business achieved the highest generation figure in its history with 1,645 MWh, growing by 18% compared to the same period of the previous […]
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El Comité de Revisión de BRC Ratings – S&P Global le otorgó la calificación AAA a la compañía. Los bonos ordinarios de Grupo Argos también recibieron la máxima calificación crediticia por parte de la sociedad calificadora de valores. La deuda de corto plazo de los papeles comerciales de la compañía fue ratificada como BCR1+. BRC […]
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In December 2021, the concession closed with a daily average of 39,000 vehicles. With more than 58 kilometers of two-way roads, the Tunnel is one of the most relevant road corridors in Antioquia with more than 15 million vehicles mobilized in the last two years. In 2021, the Túnel de Oriente was the first concession […]
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Plantings began on April 8 and will be extended this week in six departments of the country. This initiative aims to promote processes of ecological restoration and protection of water resources in the hands of communities, local authorities and property owners who participate voluntarily in the different regions of the country. With more than 11.4 […]
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The Board of Directors of Grupo Argos decided not to participate in the takeover bids for Grupo Sura and Grupo Nutresa. The prices offered are lower than the fundamental value of the two companies according to the technical and strategic analyzes presented by J.P. Morgan, among other considerations, evaluated in the Board of Directors session […]
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Five members of the Grupo Argos Board of Directors will participate in the deliberations and decisions. Gonzalo Alberto Pérez, president of Grupo Sura and Carlos Ignacio Gallego, president of Grupo Nutresa, will not participate in them. The Shareholders’ Meeting authorized Ana Cristina Arango and Claudia Betancourt, members of the company’s Board of Directors, to deliberate […]
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