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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.

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

As it withdrew ratings due to the early payoff of all outstanding debt, Fitch recognized Tecnoglass' competitive cost structure, above-average growth profile supported by its solid order backlog, long-term relationships with customers and robust demand for its products.