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Despite macroeconomic and other challenges, COO Christian Daes says the company is "on track for deliveries to increase in the second half of 2024."

Tecnoglass reported net income of $183.5 million USD, which helped support the board's decision to approves a 22% increase in quarterly dividend to $0.11 per share.

The publication of the results will be followed by a webcast and conference call with management on March 1.

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.

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

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

The strategic move will more than double the addressable market for Tecnoglass.

Tecnoglass says that the move will have no effect on the company’s Barranquilla manufacturing or production employment,

Just 2 hours from the US, Chris Daes of Tecnoglass says Barranquilla is Colombia's best-kept secret for business & industry

"There are 3 or 4 things that...we are working on that are going to be game changers,"- Chris Daes