Conconcreto Posts Net Profit for Full-Year 2025, Reversing Net Loss in 2024
Medellin-based construction giant Conconcreto on March 5 posted a full-year 2025 net profit of COP$53 billion (US$13.9 million), reversing a net loss of COP$176 billion (US$46 million) in 2024.
On the other hand, earnings before interest, taxes, depreciation and amortization (EBITDA) for full-year 2025 actually declined 25% year-on-year, to COP$101 billion (US$26 million), versus COP$135 billion (US$35.5 million) in 2024.
Revenues for full-year 2025 likewise declined 30% year-on-year, to COP$617 billion (US$162 million), versus COP$883 billion (US$232.7 million) in 2024.
“Conconcreto made progress in making our investment portfolio profitable, notably with the completion of the Vía Sumapaz construction phase, which enables our refinancing process,” according to the company.
As part of that progress, during 2025 Conconcreto announced winning private construction contracts worth COP$375 billion (US$98.7 million), “strengthening our backlog in lower-risk segments with better expected margins,” according to the company.
As for its housing construction business, Conconcreto reported securing new projects that “represent future sales of COP$908 billion [US$239 million],” according to the company.
The company also reported that during 2025, it realized a “solid financial structure, with stable financial debt at COP$267.9 billion [US$70.5 million] and a net debt/EBITDA ratio of 0.94-times, a level that consolidates the deleveraging process executed in 2024 and maintains the company’s prudent financial position in the face of market volatility,” according to Conconcreto.
Also during 2025, “Conconcreto made progress in stabilizing its portfolio of public projects through contractual agreements that mitigated risks associated with infrastructure construction,” the company added.
