Compañía de Empaques/Grupo Excala 2Q 2025 Net Profits Improve
Medellin-based multinational fibers-and-packaging specialist Compañía de Empaques/Grupo Excala announced August 15 that its second quarter (2Q) 2025 net income jumped by 204% year-on-year, to COP$7.3 billion (US$1.8 million), up from COP$2.4 billion (US$587,000) net income in 2Q 2024.
Sales for 2Q 2025 also rose 9% year-on-year, to COP$113 billion (US$28 million), according to the company.
The year-on-year improvement in profitabilty in 2025 “is mainly due to the write-off of fique [natural fiber] cultivation, which was affected in 2024,” according to the company.
“Although interest rates have shown a downward trend in recent months, they remained at high levels for most of this year, which represented a challenge for financial management.
“Given this situation, we optimized our resources and financing structure. The company managed to effectively manage foreign exchange risks and optimize its exposure and exchange rate adjustments.
“In the tax area, the company obtained tax benefits totaling COP$2.42 billion [US$604,000] during the period, as a result of strategic investments in science and technology projects, as well as environmental initiatives focused on energy efficiency and sustainability,” the company added.
As for its Colombia operations, “the increase in raw material prices during the first quarter was mitigated thanks to the company’s scheduled supply strategy, which helped address the slow growth in consumption at the beginning of the year,” according to the company.
“However, commercial activity is facing a time of uncertainty due to the imposition of tariffs by the United States, affecting global markets.”
Meanwhile, “as part of our internationalization strategy, we continue to explore business opportunities outside of Colombia and strengthen our presence in Mexico.
“In this process, we moved our operation in Guadalajara to a new location, tripled our industrial area, and consolidated our team of employees. However, the transfer and devaluation of the Mexican peso against the U.S. dollar negatively impacted this unit’s financial results,” the company added.
On the products-development front, Compañía de Empaques launched a new polypropylene (PP)-sack packaging line, dubbed “Slim.”
“This development allowed for the manufacture of more environmentally friendly packaging while maintaining the same load capacity as our previous versions,” featuring an “Eco” line “incorporating up-to-20% recycled material and a higher mineral filler content,” according to thecompany.
On a related front, “a new portfolio of agricultural netting was launched, designed for insect control, hail protection, wind impact reduction, and shade optimization, providing more specialized solutions for producers,” according to the company.
As for its construction and infrastructure business lines, “new containment products were launched, including fabrics, sacks, and civil bags,” according to the company.
For these comercial lines, “a ‘Go-To-Market’ (GTM) approach was developed, which enabled direct market access, optimizing business profitability,” the company added.
