Cementos Argos, one of Latin America’s leading cement producers, has released its third-quarter results for 2026. The company reported continued progress in strengthening its aggregates platform to support the U.S. market, securing two new port positions and completing its first product shipment.
For the company, 2025 marked a significant year in shareholder distributions, delivering a total return of 25% through a combination of dividends, the spin-off of Grupo Sura shares, and share buybacks. As a subsidiary of Grupo Argos, Cementos Argos closed the third quarter with solid results, underscoring the effectiveness of its strategy focused on operational efficiency and sustainable growth.
Throughout 2025, the company reported revenues of 3.9 trillion pesos, EBITDA of 928 billion pesos, and net profit of 659,000 million pesos—tripling the profit recorded during the same period of the previous year. Market capitalization increased by 288%, reaching USD 3.49 billion, while total shareholder return (TSR) in dollar terms reached 554%, reflecting strong value creation.
Supported by operational improvements across all geographies, the company is on track to surpass its target EBITDA margin of 25% a year ahead of schedule. The year-to-date EBITDA margin stands at 24%.
Cementos Argos also achieved notable progress in its U.S. re-entry strategy, strengthening its aggregates platform through validated product quality and securing two strategic port positions on the southeast coast of the United States. With the first commercial shipment set to begin in November, the company continues to advance its organic growth plan, which aims to generate an additional USD 200 million in EBITDA by 2030.
Commenting on the results, Cementos Argos CEO Juan Esteban Calle said, “These results clearly reflect our strategic discipline and our team’s commitment to creating sustainable value. We remain optimistic about the year-end outlook and continue making firm progress in our reentry into the United States and in strengthening our international presence.”
