Cementos Argos - August 2017
In the 2Q17 Cementos Argos sold 4.1Mt of cement, an increase of 17.9 per cent on the same period in 2016. That brings the year-to-date (YtD) sales figure to just over 8Mta, up 14.7 per cent YoY. Revenue for the second quarter of this year came in at COP2.1tn (US$712.8m), a decline of 1.6 per cent YoY, putting YtD revenue at COP4.23tn versus COP4.4tn in the 1H16. EBITDA in the 2Q17 closed at COP367bn with a 17 per cent margin.
