Medellin-based international electric-power transmisión, highways and telecom-internet operator ISA announced March 2 that its full-year 2025 net income declined 14% year-on-year, to COP$2.4 trillion (US$633 million), from COP$2.8 trillion (US$680 million) in 2024. ISA blamed the 2025 profits
Medellin-based highway construction giant Construcciones El Condor on February 27 posted a full-year 2025 net loss of COP$267 billion (US$70.8 million) — 56% worse than the full-year 2024 net loss of COP$171 billion (US$41 million). El Condor blamed the growing losses mainly upon “recognition of the onerous contract for the San Agustín [highway] project . […]
Medellin-based multinational supermarket giant Grupo Éxito announced February 25 a 10-fold year-on-year hike in net profit, hitting COP$592 billion (US$159 million) for full-year 2025, versus COP$54.8 billion (US$14.5 million) in 2024. Revenues rose by a more modest 4% year-on-year, to COP$22 trillion (US$5.9 billion), while recurrent earnings before interest, taxes,
Medellin-based electric power giant Celsia announced February 24 a full-year 2025 net profit of COP$360 billion (US$97 million), up 6.6% compared to full-year 2024. Revenues however declined by 20.7% year-on-year, to COP$5.4 trillion (US$1.45 billion), versus COP$6.8 trillion (US$1.8 billion) in 2024. Earnings before interest, taxes, depreciation and amortization (EBITDA)
Medellin-based multinational banking giant Cibest (Bancolombia) announced February 23 a full-year 2025 corporate-wide profit of COP$3.8 trillion (US$1.02 billion) — despite a negative fourth quarter (4Q). “Excluding the effect of the Banistmo [Panama] sale, the result would have been COP$7.27 trillion [US$1.96 billion], 16.09% higher than that recorded in 2024,
Medellin-based multinational foods giant Grupo Nutresa announced February 19 that its full-year 2025 net income jumped 62.7% year-on-year, to COP$1.25 trillion (US$338 million), from COP$765 billion (US$205 million) in 2024. Sales rose 10.7% year-on-year, to COP$20.57 trillion (US$5.5 billion) in 2025, versus COP$18.58 trillion (US$5.02 billion) in 2024, while 2025
Medellin-based multinational cement/concrete giant Cementos Argos announced February 18 that its full-year 2025 net income fell by 53% year-on-year, to COP$2.59 trillion (US$700 million), versus COP$5.58 trillion (US$1.5 billion) profits for full-year 2024. Revenues dipped by 2.7% year-on-year, to COP$5.15 trillion (US$1.4 billion) in 2025, versus COP$5.3 trillion (US$1.4
Medellin-based multinational gold miner Mineros SA announced February 18 that its full-year 2025 net profits rose to US$145 million, an all-time record. “Driven by record gold prices and disciplined operations across Colombia and Nicaragua, Mineros achieved its strongest financial performance in company history, generating US$358 million in adjusted EBITDA [earnings before
Spain-based Millicom announced that today (February 6) it will complete purchase of 67.5% of the shares held by Spain-based Telefónica in local telecom competitor Movistar (Colombia Telecomunicaciones) — with the remaining shares held Colombia’s national goverment likely to be acquired by April. The deal – coming on the heels of Millicom’s buyout of EPM’s 50% […]
In 2002 – 24 years ago – Medellín’s San Javier (Comuna 13) neighborhood was a center of extorsion, kidnapping, murders and narco turf wars run by pseudo-communist gangsters including FARC, ELN and the “People’s Armed Commandos,” as well as pseudo-right-wing paramilitaries. Caught in the middle of this nightmare were tens of thousands of Colombia’s poorest […]























