la calificación crediticia de Cementos Argos.
según el S&P Global Sustainability Yearbook 2026.
Conoce toda la información haciendo clic a continuación.
La compañía logró un ebitda consolidado de 1,3 billones de pesos en 2025, con un margen del 25 %, que refleja una expansión de 215 puntos básicos versus el 2024 y el cumplimiento de esta meta estratégica un año antes de lo previsto.
Con la presentación de SPRINT 4.0, la compañía profundiza su estrategia de crecimiento y generación de valor, al tiempo que avanza en la consolidación de su plataforma de agregados en EE. UU., con la meta de construir un negocio que genere entre 200 y 300 millones de dólares de ebitda en los próximos cinco años.
Argos registró un trimestre sólido y continuó avanzando en su reingreso al mercado estadounidense con el inicio de operaciones comerciales de su plataforma de agregados. En el acumulado del año, los ingresos suman 3,9 billones de pesos y el ebitda asciende a 928.000 millones, con un margen del 24 % impulsado por eficiencias y una estrategia disciplinada de precios que refleja el avance anticipado hacia la meta del 25 %. La utilidad neta acumulada llegó a 659.000 millones de pesos, más de tres veces la del mismo periodo del año anterior, reafirmando la solidez operativa y financiera de la compañía.
Argos continuó fortaleciendo su perfil estratégico y financiero con resultados destacados. La compañía reportó al cierre del segundo trimestre un ebitda acumulado de 554.000 millones de pesos, con un margen del 22 %, que crece 55 puntos básicos, impulsado por una gestión disciplinada del capital, una implementación rigurosa de iniciativas de eficiencia operativa a lo largo de todas las regionales, así como la continua ejecución de la estrategia de go-to-market enmarcada en el programa “De la Mina al Mercado” en Colombia. Los ingresos acumulados ascendieron a 2,5 billones de pesos, mientras que la utilidad neta se ubicó en 381.000 millones de pesos, un 167,3 % más que en el mismo periodo del año anterior.
Durante el primer trimestre de 2025, Argos registró ingresos por 1,23 billones de pesos y un EBITDA ajustado de 258.000 millones, con un margen del 21 %. La utilidad neta ajustada creció 7,5 % a 137.000 millones, pese a menores volúmenes de cemento y concreto afectados por paradas programadas y condiciones climáticas. La compañía avanzó en iniciativas clave en Colombia, Centroamérica y Caribe, manteniendo disciplina operativa y un balance sólido para seguir generando valor a largo plazo, al tiempo que dio pasos importantes en la consolidación de su estrategia internacional.
Argos reportó al cierre de 2024 un ebitda ajustado de 1,2 billones de pesos, lo que representa un crecimiento del 8,6 % frente al año anterior. El margen ebitda ajustado se situó en 22,6 %, con una expansión de 241 puntos básicos frente a 2023, fruto de la optimización operativa y la ejecución disciplinada de la estrategia comercial de negocio. De forma consolidada, Argos despachó en el año 9,3 millones de toneladas de cemento y 2,6 millones de metros cúbicos de concreto en las regionales Colombia, Centroamérica y Caribe, generando ingresos acumulados por 5,3 billones de pesos.
Summit Materials (NYSE: SUM), en la que Cementos Argos posee una participación del 31%, anunció que ha firmado un acuerdo definitivo para ser adquirida por Quikrete Holdings.
Cementos Argos presentó un sólido desempeño financiero en el tercer trimestre de 2024, destacando los avances de su programa «De la mina al mercado». Entre los logros más relevantes están: – Margen EBITDA acumulado superior al 22 %, cumpliendo con el guidance 2024. – Valor de la acción triplicado desde el lanzamiento de SPRINT 1.0 en febrero de 2023. – Reducción de deuda y mayor flexibilidad financiera con un indicador deuda/EBITDA de 2.2 veces, impulsando nuevas oportunidades de crecimiento. Este desempeño refleja la efectividad de sus estrategias en Colombia, Centroamérica y el Caribe.
Crecimiento del 11 % en el ebitda y exitosa ejecución de SPRINT 2.0, con aumento en el precio y la liquidez de las acciones ordinarias, marcan positivos resultados de Cementos Argos en segundo trimestre 2024
Con positivos resultados en el primer trimestre y en línea con la exitosa ejecución de SPRINT 2.0, Argos propone distribución adicional de dividendos con corte al 31 de marzo de 2024 y ampliación de la recompra de acciones
Con máximos históricos en ebitda y margen en 2023, Argos comienza una nueva era de su presencia en Estados Unidos y fortalece su potencial de crecimiento en LATAM. Argos lanza el programa SPRINT 2.0, apalancado en el progreso materializado el año anterior, con ambiciosas metas en los distintos frentes de trabajo y un pilar adicional de conversión de acciones preferenciales en ordinarias
Cementos Argos entrega el mejor resultado trimestral en su historia, con un margen ebitda del 24 %
Combinaremos nuestras operaciones en Estados Unidos con Summit Materials , compañía listada en NYSE, para crear una plataforma líder de materiales de construcción con escala nacional. Contará con un portafolio verticalmente integrado y presencia geográfica en 30 estados, en mercados complementarios y áreas urbanas con alto crecimiento.
Primer semestre de 2023 con avances concretos en SPRINT, programa de recuperación de valor de la acción de Argos, y un crecimiento de ebitda del 45%
Los resultados del primer trimestre siguen mostrando los beneficios de nuestra diversificación geográfica y presencia en Estados Unidos. Registramos un ebitda operativo de 597.000 millones de pesos, 70,8 % mayor que en 2022, el más alto logrado en un primer trimestre en la historia de Argos. En términos de ingresos consolidados, obtuvimos 3,4 billones de pesos, que representan un crecimiento del 35,2 % comparado con el año anterior. Estos resultados dan cuenta de la exitosa ejecución de la estrategia de precios, la gestión eficiente de costos y las dinámicas estables en los mercados donde operamos.
Dentro de un contexto de resultados financieros récord, donde Cementos Argos alcanzó durante el 2022 los ingresos y EBITDA más altos de su historia, la compañía lanza el programa SPRINT, para recuperar el precio de sus acciones en la Bolsa de Valores de Colombia.
Los beneficiarios finales son las personas naturales que, actuando de forma individual o conjunta son titulares, directa o indirectamente, del 5% o más del capital o los derechos de voto de Cementos Argos S.A.; se benefician, directa o indirectamente, en 5% o más de los activos, rendimientos o utilidades de Cementos Argos S.A.; o ejercen control, directo o indirecto, sobre Cementos Argos S.A., por cualquier otro medio. En caso de que cumplas con alguna de las características mencionadas, te agradecemos diligenciar este formulario:


We are committed to reducing our emissions through actions that achieve more efficient processes and the implementation of abatement measures, contributing to good air quality in the places where we operate. Our cement-, concrete- and aggregate-production processes generate punctual and scattered particulate matter (PM) emissions, as well as emissions of sulfur oxides (SO2) and nitrogen oxides (NOx) in the clinkering furnaces of the cement plants.
For society: To contribute to mitigating the impact on air quality in the areas where we operate, acting responsibly and promoting relationships of trust with our Stakeholders.
For the company: To develop more efficient processes that allow us to reduce our atmospheric emissions and contribute to responsible production, complying with local regulations in the countries where we operate and – in some cases – going beyond compliance with said regulations, contributing to the profitability of the business and preparing to face future challenges.
The “Emissions” pillar of our Environmental Strategy focuses on: Working on the adequate measurement, control and reduction of SO2, NOx and particulate-material (PM) emissions generated by our production processes in the cement business and on the prevention and mitigation of our dispersed emissions of particulate material (dust), originated mainly by the activities of transportation, transfer, unloading and storage of materials in the cement, concrete and aggregate processes. The foregoing, through operational control, optimization and renewal of emission-control systems to achieve continuous improvement.

We position ourselves as strategic allies for the development of the territories where we are present, directly and through the empowerment of our value chain. We do it through the construction of housing and sustainable infrastructure that enables the closing of socioeconomic gaps, the generation of employment, the improvement of the quality of life and the reduction of the impacts generated.
For society: To sustainably respond to the growing demand for housing and infrastructure of the world population with the aim of improving people’s quality of life, interconnecting regions and developing innovative solutions.
For the company: To be strategic allies of the actors in our value chain in order to maintain the Company’s leadership in the market, ensure its competitiveness over time and increase the generation of sustainable value.
We are committed to the role we have as a Company in the achievement of the 2030 Agenda goals, the consolidation of territorial development plans where we operate, and the economic reactivation of the countries affected by the pandemic. Therefore, we focus our efforts in the development of sustainable housing and infrastructure projects that contribute to closing socioeconomic gaps, generating employment under safe conditions, environmental protection, and investment in improving people’s health systems and quality of life.
Our work unfolds in three large lines:
Cities for everyone:

With nearly 54% of the world population living in urban areas, the pandemic made inequality of those who live in the cities of the world
manifest. Nearly 90% of the COVID-19 cases are concentrated in the urban
centers that have, among others, challenges associated with access to basic services and decent housing conditions. For this reason, we work together with our value chain to develop projects that benefit the lessfavored population, facilitate access to housing, and promote development in
the areas of influence.
Interconnected cities

The need to connect urban areas with rural areas to expand the coverage
of basic services, such as health, has been a priority of developing countries
since before the pandemic. Therefore, during 2020, we continued working on creating innovative solutions that allow us to be present in the large projects of the countries and territories where we are present.
Intelligent cities

In recent years, the acuteness of the effects of climate change became the
risk of greatest impact to the world. Therefore, in the global stage, a need
has grown to transition to a low-carbon economy, an opportunity that becomes more relevant amid post-pandemic recovery scenarios and the effort we are making as a Company to generate new business models that respond to environmental and social challenges. For this reason, our Climate-Change Strategy includes actions aimed at mitigating the impacts associated with our productive processes, adapting our operating model and innovating from the identification of optimization opportunities.

Supplier management is a fundamental pillar of our Supply Chain Strategy; it seeks to build and strengthen relationships with strategic allies who have the ability to contribute to the Company in terms of efficiency, productivity, customer service and innovation. For this reason, we carefully select our suppliers, transfer knowledge to promote their development, promote good practices and recognize those who are an example of sustainable, innovative, safe and responsible management.
For society: To develop our suppliers, promote transparent practices and responsible conduct, to improve the productivity and competitiveness of our society and support the construction of a better future.
For the company: To seek to add value throughout the Company’s supply chain, from the purchase of goods and services to the delivery of products to clients. Through the mitigation of risks and potentiation of opportunities, the implementation of good contracting practices and service excellence, we create relationships of trust and turn suppliers into business allies.
Our management is divided into five stages:

Additionally, we have:
Contracting manual: transparent action framework that guides the negotiation and contracting of our suppliers to allow the process to be agile, make use of best practices and carry out adequate risk management.
Code of conduct for suppliers: in which we define the principles and behaviors that we expect from our allies in terms of respect for human rights, protection of workers, environmental management, business ethics and responsible business practices.

We are convinced that ethics and integrity are fundamental and non-negotiable; that is why we live by these principles, integrating them into our operations, processes, and strategy, thus generating value responsibly for our business, our Stakeholders, and for society. Through the Global Governance and Compliance Program, our ethics and business conduct system, we seek to promote that our actions are consistent with the pillars of corporate culture and integrity as the guiding principle of our business activity.
For society: To promote transparent, competitive, and sustainable business environments that strengthen trust and ethics in business, generating positive impacts for the market and society.
For the company: To promote that our actions are consistent with the pillars of culture and that integrity is the inspiring principle of all members of the Organization. This is how we consolidate ourselves as a competitive, reliable company in the eyes of investors and other Stakeholders.
We have voluntarily adopted a self-regulatory framework that confirms our commitment to business ethics as a way to promote transparent practices that contribute to the development of competitive environments. This framework* incorporates mandatory principles of ethics and conduct:

For the proper implementation and application of these guidelines, the strengthening of the ethical culture, the prevention and control of incorrect actions, our Board of Directors approved the Global Governance and Compliance Program (GGCP, in Spanish). The program structure incorporates international best practices to evaluate compliance programs, such as ISO 37001, ISO 19600 and the United States Department of Justice (DOJ) guidelines. The program has the following scope:

Likewise, it systematically groups together the activities carried out to promote integrity in the Company’s actions, its employees, and members
of the value chain, which allow the updating and permanent strengthening
of the program. Operating Scheme:


We materialize our Corporate Strategy through actions aimed at the efficient use of resources, the improvement of our financial flexibility and the maximization of income generation and business profitability. We focus on the application of efficient, safe production processes and circular economy models, on the diversification of energy management models and on the efficient management of the supply chain.
For society: To provide solutions and products that meet the needs of our clients through the responsible, appropriate use of resources and the incorporation of raw materials and alternative energy sources.
For the company: To guarantee business sustainability, optimize working capital and capital investments, reduce costs and the level of indebtedness, and mitigate risks regarding the availability of resources necessary for our operation and the emergence of new business realities, environmental requirements and new regulations.
Creamos valor construyendo relaciones sólidas que transforman el futuro de la sociedad
Creamos valor a través de nuestro compromiso con el desarrollo responsable y transparente de nuestras actividades.