Colombia: Grupo Argos said that its subsidiary Cementos Argos increased cement sales volumes by 4% year-on-year to 2.1Mt in the first quarter of 2026. Cementos Argos reported sales of US$318m and earnings before interest, taxation, depreciation and amortisation (EBITDA) of US$71m, up by 5% year-on-year. The company said that the beginning of 2026 was marked by a ‘solid performance’ in its construction materials business, and that it continues to make progress in separating Argos Materials, focused on the US market, from Argos Latam. Among its priorities for 2026, the company maintains the goal of reducing its net debt by approximately US$1bn.
Grupo Argos reported consolidated sales of US$715m, down by 7%, while EBITDA fell by 12% to US$189m and net profit declined by 21% to US$51m. It said that its cement and real estate businesses contributed a combined increase of US$18bn in EBITDA.
President of Grupo Argos Juan Esteban Calle said “The first-quarter operating results confirm the quality of our businesses and the strength of a transformation that has left Grupo Argos with a simpler structure, a focused portfolio and assets in sectors essential for development. Our task is to accelerate execution, deepen efficiency, reduce debt, strengthen business profitability and make the portfolio's value more visible to our shareholders.”