Conconcreto 2Q 2025 Net Income Rises 11% Year-on-Year
Medellin-based infrastructure-construction giant Conconcreto announced August 12 an 11.1% year-on-year boost in second quarter (2Q) 2025 net income, hitting COP$32.7 billion (US$8.1 million) – “driven mainly by a reduction in financial costs.”
Consolidated revenues rose 8% year-on-year, to COP$294 billion (US$73 million), while earnings before interest, taxes, depreciation and amortization (EBITDA) for 2Q 2025 totaled COP$56 billion (US$13.9 million), with an EBITDA margin of 19.2%, according to the company.
Completion of a strategic alliance with Yellowstone Capital Partners during 2Q 2025 – focusing on housing-construction projects – “boosts the company’s access to capital, enhancing our ability to explore new opportunities, and accelerating the growth of this business line,” according to Conconcreto.
“During this same [2Q] period, we increased our housing inventory to more than 2,000 units with the acquisition of two lots located in high-potential areas in the city of Bogotá. This strategic decision projects sales of approximately COP$585 billion [US$145 million] and represents a significant investment in the housing business.”
Conconcreto also closed 2Q 2025 with a construction backlog of COP$2.5 trillion (US$622 million), “equivalent to 2.5 years of execution,” according to the company. “This figure represents a 14.9% [year-on-year] decrease, explained by an early execution of backlog following the sale of assets in Conconcreto USA,” the company added.
