Grupo Argos Sa operates within the Cement, hydraulic sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Grupo Argos Sa with three other
cement and concrete producers in Latin America:
Cementos Argos S.A.
sales of 8.42 trillion Colombian Pesos [US$2.46 billion]
of which 50%
Grupo Cementos de Chihuahua S.A.B. de C.V.
(16.98 billion Mexican Pesos [US$878.65 million]
of which 85%
was Cement), and
Union Andina de Cementos SAA
based in Peru
(3.90 billion Peruvian New Sols [US$1.16 billion]
of which 59%
During the year ended December of 2018, sales at
Grupo Argos Sa were 13.83 trillion Colombian Pesos (US$4.04 billion).
decrease of 2.2%
versus 2017, when the company's sales were 14.14 trillion Colombian Pesos.
Contributing to the drop in overall sales was the 55.5% decline
in Financial Activity, from 823.93 billion Colombian Pesos to 366.78 billion Colombian Pesos.
There were also decreases in sales in
Sale of Cement (down 0.7% to 8.48 trillion Colombian Pesos)
Concessions (down 0.6% to 1.79 trillion Colombian Pesos)
Real Estate (down 25.4% to 190.00 billion Colombian Pesos)
However, these declines were partially offset by the increase in sales of
Sale of Energy and Gas (up 10.7% to 3.42 trillion Colombian Pesos)
Carbon (up 25.7% to 110.12 billion Colombian Pesos)