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"Recurring dividend flow will normalize from 2024 and continue to strengthen in the following years with the incorporation of higher dividends from Grupo de Inversiones Suramericana."

"Expodefensa 2023 promises to be a significant milestone in the region's security and defense landscape," say the organizers.

Stocks were ranked based on earnings growth, sales growth, ROE, and total stock return for the latest 12 months available and over the last five years, per Forbes.

Alarms were triggered due to the fact that Grupo Nutresa already has a commercial presence in Chile through food retailer Tresmontes Lucchetti.

CFO Santiago Giraldo: “We see our business performing exceptionally well in a challenging market with share gains driving double-digit organic growth."

This marks the 10th store for PriceSmart in Colombia, which so far is the retailers only South American market.

"As we unveil our new logo and brand, we're celebrating more than 40 years of history and success that has brought us here," said Jose Manuel Daes, CEO of ES.

Even before the launch of this store in Bogotá, IKEA made plans to open stores next year in both Medellín and Cali.

This will be the first dividend issued since Tecnoglass, which was founded in Barranquilla, Colombia, recently relocated its headquarters to Miami.

The new facility in Funza follows the opening a 3,500-square-meter center in Panama last year and comes as part of a wider strategy to expand in the region.