Cementos Argos - May 2018

In the opening quarter of 2018, Cementos Argos reported an 8.2 per cent fall in revenue to COP1.9trn (US$670m), versus COP2.7trn in 1Q17. Over the same period EBITDA improved by 31.2 per cent to COP371bn while adjusted EBITDA were up two per cent at COP300bn.