Cement News tagged under: Argos Group

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Argos reports a 26% EBITDA growth in 1H23

10 August 2023, Published under Cement News

Argos (Group Argos) had a solid operating period in the 1H23 recording an EBITDA of US$278m, an increase of 26 per cent and a sales rise of eight per cent or US$1.5bn. During the accounting period, Argos shipped 7.9Mt of cement, a contraction of 2.7 per cent when compared with the 1H22 and 3.5Mm 3 of concrete, down 6.5 per cent on the 1H23. This was caused mainly by the higher number of rainy days in the USA, the slowdown in house building in Colombia and by the difficult social and po...

Argos records sales of COP8.5trn during the 3Q22

10 November 2022, Published under Cement News

Argos ( Grupo Argos ) has reported the highest levels of sales and EBITDA in its history, with figures of COP8.5trn (US$302.6m) and COP1.5trn, and increases of 20.7 and 4.3   per cent, respectively. During the third quarter the EBITDA increased 27 per cent and we had an increase of 20 basis points in the EBITDA margin during the period.   Regarding volumes, from January to September, Argos delivered 12.3Mt of cement, 2.3  per cent less and 5.8Mm 3 of concrete, 8.7 per cent higher. Du...

Argos launches Super UHPC

12 July 2022, Published under Cement News

Argos ( Argos group ) has launched an innovative and highly-specialised product called Super UHPC. This ultra-high performance concrete is already being used to rehabilitate two bridges over one of the most important roads in the state of Florida in the USA.   This product is composed of specially-selected cementitious materials and fibres that give it outstanding mechanical and durable properties, making it an excellent alternative for building new bridges, roads and facades, as well ...

Argos Board approves US$50m loan

31 March 2014, Published under Cement News

The board of Colombia’s Argos Group has approved a US$50m loan with the Bank of Bogotá and Miami Agency. The 180-day credit was extended to cover operating cash flow needs.