en.Wedoany.com Reported - Grupo Argos achieved cement sales growth in the first quarter of 2026, with its subsidiary Cementos Argos reporting a 4% year-on-year increase in cement sales to 2.1 million tons. During the same period, Cementos Argos recorded sales of US$318 million and earnings before interest, taxes, depreciation, and amortization (EBITDA) of US$71 million, a 5% year-on-year increase. The company stated that its building materials business delivered a "solid performance" at the beginning of 2026 and continues to advance the separation process of Argos Materials, focused on the U.S. market, from Argos Latam. Among its priorities for 2026, Grupo Argos remains focused on reducing net debt by approximately US$1 billion.

At the group level, Grupo Argos reported consolidated sales of US$715 million in the first quarter, a 7% year-on-year decline; EBITDA fell 12% to US$189 million; and net profit decreased 21% to US$51 million. The company noted that the cement and real estate businesses together contributed US$18 billion in growth to EBITDA.

Grupo Argos President Juan Esteban Calle stated: "The first quarter operating results demonstrate the quality of our businesses and the effectiveness of the transformation, which has given Grupo Argos a leaner structure, a more focused portfolio, and assets in key growth areas. Our task is to accelerate execution, deepen efficiency, reduce debt, enhance business profitability, and present the value of our portfolio more clearly to shareholders."

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