Cementos Argos reported consolidated revenue of COP1.3trn (US$340m) in the second quarter of 2026, up 2.4 per cent YoY, despite lower cement volumes.
Consolidated cement sales declined seven per cent to 2.3Mt, reflecting lower exports and international trading activity, while ready-mix concrete volumes increased 15 per cent to 637,000m3.
Adjusted EBITDA fell five per cent YoY to COP279.3bn, with the EBITDA margin declining 175 basis points to 21.2 per cent. Adjusted net income reached COP154bn.
The Colombian business recorded stronger performance, with revenue rising 4.1 per cent and adjusted EBITDA increasing 13.1 per cent. Its EBITDA margin expanded 223 basis points to 27.9 per cent, supported by domestic demand and cost controls.
Cementos Argos maintained its full-year EBITDA margin guidance of 24-26 per cent as it continues the development of its Argos Latam and Argos Materials platforms.
