Medellin-based multinational cement/concrete giant Cementos Argos announced August 11 that its second quarter (2Q) 2026 net income fell 37% year-on-year, to COP$154 billion (US$49 million), from COP$245 billion (US$78 million) in 2Q 2025. Despite the profits decline, 2Q 2026 revenues actually
Medellin-based multinational supermarket giant Grupo Éxito announced August 11 that its second quarter (2Q) 2026 net income rose 7.6% year-on-year, to COP$156 billion (US$49.7 million), from COP$147 billion (US$47 million) in 2Q 2025. Grupo Éxito consolidated revenue reached COP$5.3 trillion (US$1.69 billion) in 2Q 2026, up 5.7% year-on-year once “excluding the exchange
Medellin-based multinational electric-power-generation giant Celsia announced August 10 that its second quarter (2Q) 2026 net income fell 33% year-on-year, to COP$82.5 billion (US$26 million), from COP$111.7 billion (US$37 million) in 2Q 2025. Revenues for 2Q 2026 rose 2.7%, to COP$1.3 trillion (US$414 million), while earnings before interest, taxes, depreciation and
Medellin-based multinational banking giant Grupo Cibest (Bancolombia) announced August 10 that its second quarter (2Q) 2026 net income jumped 52% year-on-year, to COP$2.7 trillion (US$859 million), from COP$1.97 trillion (US$626 million) in 2Q 2025. “This result was primarily driven by the performance of net interest income, due to higher portfolio returns and higher
Medellin-based multinational foods giant Grupo Nutresa announced August 6 that its first half (1H) 2026 net income fell 89% year-on-year, to COP$78 billion (US$24 million), versus COP$ 718 billion (US$227 million) in 1H 2025. However, “adjusted for non-recurring expenses and unrealized exchange rate differences,” net income for 1H 2026 actually rose 36% year-on-year, to
Luxembourg-based Millicom – formerly a part owner, but now 100% owner of Medellin-based cellphone/internet/cable TV operator Tigo-UNE – on August 6 reported an 84% year-on-year plunge in first half (1H) 2026 net income. Net profit for Millicom’s controlling interests for 1H 2026 fell to US$218 million, versus US$869 million in 1H 2025, according to the […]
Medellin-based international gold mining giant Mineros SA announced August 5 that its second quarter (2Q) net income fell 12% year-on-year, to COP$160 billion (US$50 million), versus COP$180 billion (US$56 million) in 2Q 2025. Despite the profits dip, 2Q 2026 revenues actually rose 24% year-on-year, to COP$961 billion (US$302 million), an all-time record. “Adjusted”
Medellin-based multinational electric power and public-utilities giant Grupo EPM announced August 4 that its first half (1H) 2026 net income slipped 4% year-on-year, to COP$2 trillion (US$629 million), from COP$2.5 trillion (US$786 million) in 1H 2025. Despite the profits decline, 1H 2026 revenues actually increased 8% year-on-year, to COP$19.2 trillion (US$6.04 billion),
Medellin-based multinational electric-power transmission, highways concessionaire and telecom-internet operator ISA announced August 7 that its second quarter (2Q) 2026 net income jumped 53% year-on-year, to COP$695 billion (US$214 million), from COP$455 billion (US$140 million) in 2Q 2025. Revenues for 2Q 2026 also rose 42% year-on-year, to COP$4.73 trillion (US$1.46
Vancouver, Canada-based Aris Mining – operator of the giant Segovia, Antioquia gold mine near Medellin – on July 29 posted an adjusted second quarter (2Q) 2026 net income of US$94 million, up from a 2Q 2025 net loss of US$16.9 million. As for earnings before interest, taxes, depreciation and amortization (EBITDA), Aris posted US$163 million […]























