Grupo IMSA Full-Year 2025 Net Income Declines 15.7% Year-on-Year
Medellin-based multinational chemicals, food additives and consumer-products giant Grupo IMSA on March 31 posted a 15.7% year-on-year decline for full-year 2025 net income, at COP$75.4 billion (US$20 million) versus COP$89.4 billion (US$24 million) in 2024.
Revenues likewise dipped 10% year-on-year, to COP$319 billion (US$87 million), versus COP$353 billion (US$96 million) in 2024.
“The industrial business units have prioritized profitable growth, which allowed them to achieve an improvement in gross margin during the year, increasing from 24.1% to 27.1% at year-end, and EBITDA [earnings before interest, taxes, depreciation and amortization] without extraordinary adjustments reached COP$20.5 billion [US$5.6 million], growing by 24%,” according to the company.
“The company continues to have no financial debt, and its total liabilities represent 4.5% of total assets, compared to 5.1% the previous year. Furthermore, its current assets exceed its current liabilities by almost eight times, maintaining a favorable liquidity position,” IMSA added.
As for its MCM consumer goods company, this unit saw a 17% year-on-year hike in sales, to COP$168 billion (US$46 million), according to IMSA:
As for its composite materials and polyester business, “principal activities involve the production and sale of unsaturated polyester resins under the ‘Neopol’ brand and the marketing of other complementary raw materials, such as fiberglass, styrene monomer, and certain additives necessary for manufacturing engineering parts and equipment for sectors such as civil construction, infrastructure, energy, transportation, and recreation,” according to the company.
“During 2025, operations in Brazil achieved sales of BRL$204 million [US$39 million], representing a decrease of 21.4% in value and 23% in volume compared to 2024.
“This result stems from a highly competitive market with volatile demand throughout the year. A market decline of approximately 8% was projected, primarily due to slower growth in the pool and pole sectors, as well as the impact of the permanent closure of LM Wind Power at the end of 2024. LM Wind Power was a major consumer of polyester resins for the production of wind turbine Blades,” the company explained.
“Novapol countered this effect through profitability strategies and by prioritizing profitable sales through pricing and portfolio adjustments, with the launch of new products, active search for alternative suppliers, and renegotiation of raw material prices. This allowed for improved competitiveness, reflected in an increase in gross profit from 12.2% in 2024 to 16% at the close of 2025.”
As for Grupo IMSA’s real estate business unit in Colombia, “at the Tricentenario lot in Medellín, progress has been made on the urban development works, with 97% of the civil works completed,” according to the company.
“At the Rionegro lot, the sale of approximately 70% of the property to a third party for the development of an industrial plant has been finalized.
“Finally, in 2025, the deed of sale for the property in Barbosa, Antioquia, was finalized, concluding the contractual conditions agreed upon by both parties,” the company added.
