Colombia: Cementos Argos reported sales of US$316m in the second quarter of 2025, down by 4.5% year-on-year from US$330m. Net income rose by 93% year-on-year to US$37.6m from US$19.4m.
In the first half of 2025, sales fell by 5% year-on-year to US$618m from US$652m, while net income dropped by 58% to US$560m from US$1.33bn. The producer said the results were achieved through ‘strong pricing discipline’ and sustained efficiency efforts across various geographies, despite cement volumes declining by 4%. It noted mixed regional performance, with volume recovery in Colombia in June 2025 and continued growth in Puerto Rico and the Dominican Republic. Demand in Guatemala was unmet due to reduced exports from Honduras, following a longer-than-expected kiln stoppage in the first quarter of 2025, while the Panamanian market continued to underperform.
