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The credit line increases to $500 million USD from $150 million USD, providing significant financial flexibility for growth and capital allocation.

Tecnoglass' Q2 results demonstrate outstanding financial performance and a clear strategy for growth in the US market.

The company's full-year revenues increased by 6.8%, reaching $890.2 million USD, attributed to organic growth, geographic expansion, and entry into the vinyl market.

Headquartered in the USA and with factories in Barranquilla, Colombia, Tecnoglass Inc. produces high-end architectural glass and windows for the U.S. and Latin American markets.

Tecnoglass voluntarily offset Scope 1 and 2 emissions for the years 2022 and 2023 by acquiring carbon credits issued by two projects located in Colombia, certified through the Cercarbono (Certified Carbon Standard) program.

The dividend will be paid on July 31, 2024 to shareholders of record as of the close of business on June 28, 2024.

Tecnoglass produces glass, windows, and associated aluminum products serving the multi-family, single-family, and commercial end markets.

In 2017 Tecnoglass installed 15,000 solar panels, which have negated over 10,000 tons of CO2 emissions per year since inception.

With operations based in Barranquilla Colombia, Tecnoglass primarily services the US construction market.

“It’s as if all the stars lined up for us and what you saw were the results as of 2022, where we were able to grow 44%”