Cementos Argos - October 2013
Increased activity in Colombia’s residential and commercial construction sector have boosted cement sales at Cementos Argos by four per cent to 8.5Mt in 9M13, compared to the same period last year. Consolidated EBITDA over the same period was also up by 23 per cent to over US$400m. Operating profit was up by almost 40 per cent YoY while consolidated revenue recorded a 12 per cent increase to just under US$2bn.