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Cementos Argos S.A. (Colombia)

Main Activities: Cement and Concrete Product Manufacturing | Lumber and Other Construction Materials Merchant Wholesalers
Full name: Cementos Argos S.A. Profile Updated: March 08, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Spanish Download a sample report

Argos was founded in Medellín on February 27th, 1934 by Claudino Arango Jaramillo, Rafael and Jorge Arango Carraquilla, Carlos Sevillano Gomez, Leopoldo Arango Cevallos and Carlos Ochoa Velez . In 2006, it purchased Ready Mixed Concrete Company in the United States, merged its concrete producing companies in Colombia (Agrecón, Concretos de Occidente and Metroconcreto) and purchased the cement and concrete assets of Cementos Andino and Concrecem in Colombia. The Company has an extensive logistic infrastructure for business development that allows the mobilization of raw materials and the finished product at competitive costs. Argos has 14 cement producing plants on the American continent. Eleven of them are in Colombia and the rest are located in Panama, the Dominican Republic and Haiti. The company uses also its own power generation plants for its productive processes.

Headquarters
Cr 53 No 106-280 Centro Empresarial Bue
Barranquilla; Atlantico;

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Website: https://argos.co

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
August 14, 1944
Key Executives
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Legal Representative
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Legal Representative
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Ownership Details
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0.61%
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0.04%
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0.04%
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0.03%
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0.02%
Subsidiaries
Lafarge Cementos SA de CV (Honduras)
53.3%
Grupo De Inversiones Suramericana S.A.
6.08%
Transportes Elman LIMITADA
1.04%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency COP. Absolute financial data is included in the purchased report.
Net sales revenue
8.84%
Total operating revenue
6.92%
Operating profit (EBIT)
40.31%
EBITDA
20.8%
Net Profit (Loss) for the Period
82.98%
Total assets
-16.14%
Total equity
-24.81%
Operating Profit Margin (ROS)
2.91%
Net Profit Margin
1.25%
Return on Equity (ROE)
2.55%
Debt to Equity Ratio
5.46%
Quick Ratio
-0.15%
Cash Ratio
-0.1%

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