Grupo Argos SA 2024 IR
The report highlights Grupo Argos's historic financial results and strategic transformations in 2024, including the conclusion of the Spin-Off Agreement to end cross-shareholdings with Grupo Sura and the sale of Cementos Argos's 31% stake in Summit Materials for approximately USD 2.87 billion. The company achieved COP 15.1 trillion in consolidated revenue and COP 5.0 trillion in EBITDA, while reducing consolidated net debt by 18%. On sustainability, Grupo Argos and Cementos Argos were included in the Dow Jones Sustainability Index for the twelfth consecutive year, and the company reduced its CO2 emissions intensity by 42% compared to its 2018 baseline. Additionally, the Grupo Argos Foundation launched the "Juntos por Urabá" social investment strategy and the "Generación A" higher education scholarship initiative.
Company: Grupo Argos SA
Sector: Materials
Country: Colombia
Year: 2024
Type: IR
Pages: 136
Grupo Argos SA
Integrated Report
The report highlights Grupo Argos's historic financial results and strategic transformations in 2024, including the conclusion of the Spin-Off Agreement to end cross-shareholdings with Grupo Sura and the sale of Cementos Argos's 31% stake in Summit Materials for approximately USD 2.87 billion. The company achieved COP 15.1 trillion in consolidated revenue and COP 5.0 trillion in EBITDA, while reducing consolidated net debt by 18%. On sustainability, Grupo Argos and Cementos Argos were included in the Dow Jones Sustainability Index for the twelfth consecutive year, and the company reduced its CO2 emissions intensity by 42% compared to its 2018 baseline. Additionally, the Grupo Argos Foundation launched the "Juntos por Urabá" social investment strategy and the "Generación A" higher education scholarship initiative.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 3:
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Employees