In a 2024 marked by strategic transactions, Grupo Argos and its subsidiaries, Cementos Argos and Celsia, achieved outstanding performance in the Colombian stock market. By the end of the year, Grupo Argos’ preferred stock registered an 82% increase, while its common stock grew by 66%. Similarly, Cementos Argos reported a 67% rise in its common […]
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With the purpose of creating opportunities for young people, Grupo Argos Foundation and the universities EIA, EAFIT, and CES awarded 18 new higher education scholarships to high school graduates from 11 municipalities in Antioquia with the best academic records. The selected students will form the first cohort of Generación A, the higher education fund launched […]
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Grupo Argos closed 2024 with outstanding financial figures that strengthen its position amid the strategic transformations announced in recent months. In its separate income statement, revenues reached COP 3.5 trillion, growing 148%, EBITDA totaled COP 3.2 trillion, 241% above the previous year, and net income closed at COP 2.5 trillion, a 221% increase compared to […]
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BRC Ratings – S&P Global reaffirmed Grupo Argos’ AAA issuer rating after conducting an extraordinary review of the company and its commercial papers following the announcement of the Spin-Off by Absorption operation with Grupo Sura. Additionally, the BRC Technical Committee confirmed the long-term debt rating of Grupo Argos’ ordinary bonds as AAA and the short-term […]
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With the opening of its first section, Parque El Tesoro, located in Puerto Colombia, now offers 18,656 m² of public space, incorporating new areas for community well-being, including two tennis courts, rest areas, and extensions to both the bike path and contemplative trails.
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Fitch Ratings confirmed that no changes are expected in Grupo Argos’ credit rating following the announcement of the spin-off agreement with Grupo Sura, reflecting the company’s robust capital structure, diversified portfolio, and predictable dividend flows.
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This Monday, December 23, S&P Global announced updates to the composition of the Dow Jones Sustainability Indices, where Grupo Argos and Cementos Argos secured their positions for the 13th consecutive year. Cementos Argos achieved a remarkable score of 89 out of 100, earning first place in the construction materials industry, while Grupo Argos scored 85 […]
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Grupo Argos and Grupo Sura sign a Spin-Off Agreement through which Grupo Argos shareholders will directly receive the company’s investment in Grupo Sura
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Grupo Argos and the Autonomous Corporation of Atlántico (CRA) launched the book “The Memories of the Mangrove” as part of the Somos Sostenibilidad event.
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Nearly 3,400 volunteers from Grupo Empresarial Argos have participated in 88 volunteer events across 14 departments in Colombia and 4 countries in the Americas in 2024
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Grupo Argos Foundation and EIA, EAFIT y CES universities launch Generación A, a legacy for education in Colombia
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More than 800 people in the village of Nueva Colonia, in Turbo, Antioquia, now have access to decent housing
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