Tools

Colombia: Cementos Argos has reported a 1.4% year-on-year decline in revenues to US$411m in the third quarter of 2026, ending 30 September 2026. Adjusted net profit decreased by 29% year-on-year to US$59.6m.

In terms of operational activity, cement shipments totalled 2.4Mt, while ready-mix concrete volumes rose by 15% year-on-year to 690,000m3. Higher energy costs and the appreciation of the Colombian peso pressured profitability.