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//colombian peso
1

Tecnoglass Again Breaks Quarterly & Full Year Revenue, Net Income Records: Q4 & FY2021

The order backlog for Tecnoglass includes 20 of the 22 tallest skyscrapers currently under construction or planning to break ground in South Florida.
Posted On March 3, 2022
, By Loren Moss
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Tecnoglass Reports Most Profitable Quarter In Company History

Tecnoglass' adjusted EBITDA Up 52.7% Year-Over-Year to a Record $35.6 Million, or 29.3% of Total Revenues. “Our ability to timely deliver best-in-class products led to outsized revenue growth and market share gains in the U.S. during the second quarter."-Christian Daes
Posted On August 6, 2021
, By Loren Moss
Tecnoglass has a 3 million square foot headquarters and production facility in Colombia's Atlantic port city of Barranquilla
1

Tecnoglass Announces Record Q1 2021 Results, Shares Trading At All Time Highs As Guidance Remains Positive

Tecnoglass raises Full Year 2021 Growth Outlook to Adjusted EBITDA1 of $115 Million to $125 Million on Total Revenues of $420 Million to $435 Million. Record Cash Flow From Operations of $29.0 Million Marks 4 Straight Quarters of Exceptional Cash Generation and Supporting Further...
Posted On May 11, 2021
, By Loren Moss
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Fitch Affirms Colombia At BBB- But Outlook Negative

The negative outlook reflects downside risks to the economic growth outlook and uncertainties about the capacity of the government's policy response to decisively cut deficits and stabilize and eventually lower debt in the coming years, following the sharp rise in general...
Posted On January 18, 2021
, By Loren Moss
1

Despite Temporary COVID-19 Plant Shutdown, Tecnoglass Reports Record Backlog, Margins

Barranquilla, Colombia based glass & aluminum manufacturer Tecnoglass (NASDAQ: TGLS) reported second quarter results yesterday, highlighting a record $550 million USD order backlog, up 4.8% over the previous year, and record cash flow from operations of $24.3 million, despite...
Posted On August 7, 2020
, By Loren Moss
EPM Headquarters Building in Medellín's Plaza Mayor
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EPM’s New Dollar-Denominated Debt Rated As BBB By Fitch

Fitch Ratings has assigned a long-term 'BBB' rating to Empresas Publicas de Medellin E.S.P.'s (EPM) proposed senior unsecured U.S. dollar debt issuance that matures in 2031. Fitch has also assigned a long-term 'BBB' rating to the company's proposed reopening of its 8.375% senior...
Posted On July 8, 2020
, By Loren Moss
gran tierra energy colombia oil colombian peso geopark Orinoquia Capital frontera energy pacific exploration and production
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Gran Tierra Energy Announces Q1 2020 Results

Gran Tierra Energy announced that its net loss was $252 million compared with net income of $27 million in the Prior Quarter, due to lower revenues primarily from the collapse in oil price
Posted On May 25, 2020
, By Loren Moss
Tecnoglass facilities in Barranquilla
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Despite Coronavirus Pandemic Tecnoglass Reports Strong Results

Tecnoglass (NASDAQ: TGLS) Reported gross profit for the first quarter of 2020 was $30.5 million, representing a 34.9% gross margin compared to gross profit of $31.9 million, representing a 29.8% gross margin in the prior year quarter.
Posted On May 8, 2020
, By Loren Moss
Homicide Crime Photo Courtesy Geralt Pixabay
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Financial Bloodbath: Colombian Bellwether Stocks Avianca & Ecopetrol, Colombian Peso All Plunge

Colombia's currency and bellwether stocks Avianca & Ecopetrol all took a plunge this week s double whammies of coronavirus panic and petroleum trade wars between Saudi Arabia & Russia impact the global economy. How will things play out?
Posted On March 11, 2020
, By Loren Moss
Photo credit - https://imgur.com/user/josemanueldaes
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Tecnoglass Reports Strong Growth, Record $431 Million In 2019 Revenues

Tecnoglass, Inc. (NASDAQ: TGLS), the largest Colombian manufacturer of architectural glass, windows, and associated aluminum products for the global commercial and residential construction industries, this week reported financial results for the fourth quarter and full year ended...
Posted On March 4, 2020
, By Loren Moss
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