Business Companies

Conconcreto 1Q 2025 Profits Soar 636% Year-on-Year

Medellin Herald May 17, 2025

Medellin-based construction giant Conconcreto on May 15 reported a 636% year-on-year hike in first quarter (1Q) 2025 net income, hitting COP$20 billion (US$4.77 million) versus COP$571 million (US$13,600) in 1Q 2024. Conconcreto credited the huge jump in profits “primarily due to the reduction

Business Companies

Sura 1Q 2025 Net Income Dips 12% Year-on-Year

Medellin Herald May 16, 2025

Medellin-based insurance and financial asset manager Grupo Sura on May 15 posted a 12% year-on-year decline in first quarter (1Q) 2025 net income, to COP$519 billion (US$123 million). Operating revenues for 1Q 2025 rose 4.8% year-on-year, to COP$7 trillion (US$1.66 billion) while operating profit dipped 5.6%, to COP$1.2 trillion (US$285 million), according to the company.

Business Companies

Grupo Argos 1Q 2025 Profits Plunge Year-on-Year When Discounting One-Time 1Q 2024 Gains

Medellin Herald May 16, 2025

Medellin-based Grupo Argos – the holding company of Cementos Argos (concrete/cement), Celsia (electric power) and Odinsa (highway-airports-utilities asset manager) – on May 15 reported a sharp year-on-year profits decline for first quarter (1Q) 2025, all because of the one-time gains reported in 1Q 2024. During 1Q 2024, Grupo Argos had recorded a profit of COP$5.3 […]

Business Companies

Fabricato 1Q 2025 Net Income Rises 130% Year-on-Year

Medellin Herald May 15, 2025

Medellin-based textiles and clothing manufacturer Fabricato announced May 14 that its first quarter (1Q) 2025 net income rose 130% year-on-year, to COP$4 billion (US$950,000), compared to a net loss of COP$13.5 billion (US$3.2 million) in 1Q 2024. Sales dipped 1% year-on-year, to COP$69 billion (US$16 million), while earnings before interest, taxes, depreciation and

Business Companies

Enka 1Q 2025 Profits Dive 73% Year-on-Year

Medellin Herald May 15, 2025

Medellin-based textiles and plastics-recycling specialist Enka announced May 14 that its first quarter (1Q) 2025 net income fell 73% year-on-year, to COP$956 million (US$227,000), from COP$3.5 billion (US$831,000) in 1Q 2024. Revenues also dipped 6.4% year-on-year, to COP$117 billion (US$27 million), while earnings before interest, taxes, depreciation and amortization

Business Companies

Isagen 1Q 2025 Net Income Jumps 74% Year-on-Year

Medellin Herald May 15, 2025

Medellin-based renewable electric power giant Isagen announced May 14 that its first quarter (1Q) 2025 net income soared 74% year-on-year, to COP$344 billion (US$82 million), from COP$198 billion (US$47 million) in 1Q 2024. Revenues rose 6% year-on-year, to COP$1.4 trillion (US$333 million), while earnings before interest, taxes, depreciation and amortization (EBITDA) rose

Business Companies

Odinsa 1Q 2025 Net Profits Skyrocket 853% Year-on-Year

Medellin Herald May 15, 2025

Medellin-based highways, airports and water-utilities asset-manager Odinsa announced May 14 that its first quarter (1Q) 2025 net income soared by 853% year-on-year, to COP$99 billion (US$23 million), from COP$10 billion (US$2.4 million) in 1Q 2024. Revenues also jumped 274%, to COP$131 billion (US$31 million), while earnings before interest, taxes, depreciation and

Business Companies

Exito 1Q 2025 Profits Jump Year-on-Year, Reversing Losses

Medellin Herald May 15, 2025

Medellin-based multinational supermarket/dry-goods giant Grupo Éxito announced May 14 that its first quarter (1Q) 2025 profits hit COP$93 billion (US$22 million) — a big improvement over the COP$38 billion (US$9 million) net loss in 1Q 2024. Consolidated revenues — excluding dollar-to-peso exchange rate effects — rose 3.9% year-on-year, to COP$5.4

Business Companies

Cementos Argos 1Q 2025 Net Income Plunges 60% Year-on-Year

Medellin Herald May 15, 2025

Medellin-based multinational cement/concrete giant Cementos Argos announced May 15 that its first quarter (1Q) 2025 net income fell to COP$2.1 trillion (US$502 million), from COP$5.3 trillion (US$1.26 billion) in 1Q 2024. Revenues dipped 6% year-on-year, to COP$1.23 trillion (US$294 million), while earnings before interest, taxes, depreciation and amortization (EBITDA)

Business Companies

Nutresa 1Q 2024 Profits Rise 16% Year-on-Year

Medellin Herald May 15, 2025

Medellin-based international foods manufacturer-marketer Grupo Nutresa annnounced May 14 that its first quarter (1Q) 2025 net profit rose 16% year-on-year, to COP$241 billion (US$57 million), from COP$205 billion (US$49 million) in 1Q 2024. Revenues also rose 13% year-on-year, to COP$4.9 trillion (US$1.17 billion), while earnings before interest, taxes, depreciation and