April 27, 2017 10:56 PM ET

Construction Materials

Company Overview of Cementos Argos S.A.

Company Overview

Cementos Argos S.A. produces and markets cement, ready-mix concrete, and aggregates in Colombia, the Caribbean, Central America, and the United States. The company was incorporated in 1944 and is headquartered in Medellin, Colombia. Cementos Argos S.A. is a subsidiary of Grupo Argos S.A.

Calle 7D No. 43A-99

Medellin,  

Colombia

Founded in 1944

Key Executives for Cementos Argos S.A.

Cementos Argos S.A. does not have any Key Executives recorded.

Cementos Argos S.A. Key Developments

Cementos Argos S.A. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2016; Reports Impairments for the Fourth Quarter of 2016

Cementos Argos S.A. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2016. For the quarter, the company’s revenue was COP 8,517,382 compared to COP 7,912,003 a year ago. Operating income was COP 982,361 compared to COP 939,185 a year ago. Operating EBITDA was COP 1,651,749 compared to COP 1,518,933 a year ago. Income before income tax was COP 669,866 compared to COP 696,542 a year ago. Income from continuing operations was COP 562,512 compared to COP 569,637 a year ago. Attributable to owners of the parent company was COP 419,970 compared to COP 491,357 a year ago. For the year, the company's revenue was COP 2,004,329 million compared to COP 2,151,802 million a year ago. Operating income was COP 181,694 million compared to COP 245,343 million a year ago. Income before income tax was COP 696,542 million compared to COP 445,755 million a year ago. Operating EBITDA was COP 395,713 compared to COP 414,796 a year ago. Income before income tax was COP 102,627 compared to COP 172,693 a year ago. Income from continuing operations was COP 61,860 million compared to COP 177,169 million a year ago. Net income attributable to owners of the parent company was COP 26,800 million compared to COP 160,065 million a year ago. For the quarter, the company reported asset and goodwill impairment of COP 50,388 million.

Cementos Argos S.A. to Report Q4, 2016 Results on Feb 24, 2017

Cementos Argos S.A. announced that they will report Q4, 2016 results After-Market on Feb 24, 2017

Cementos Argos S.A., Q4 2016 Earnings Call, Feb 27, 2017

Cementos Argos S.A., Q4 2016 Earnings Call, Feb 27, 2017

Similar Private Companies By Industry

Company Name Region
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Decoblock S.A. Americas
Gyptec S.A. Americas

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
August 19, 2016
Argos Panamá
 

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