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 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.