Tecnoglass introduced a full-year 2021 growth outlook for Adjusted EBITDA of $100 million to $110 million USD on total revenues of $400 million to $415 million. Gross Margin reached a full year record of 37.1% -
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.
Tecnoglass' tailored, high-end products are found on some of the world's most distinctive properties, including the El Dorado Airport (Bogota), United Nations Plaza (New York), Icon Bay (Miami), and Salesforce Tower (San Francisco).
"With this second factory in Colombia we're going to be able to source 100% of our glass needs from Colombia, from our joint venture factories. With the 2nd one given the fact that the first one is already at full capacity, we're going to be able to source everything, we're going...
The dividend will be paid on January 29, 2021 to shareholders of record as of the close of business on December 31, 2020. Tecnoglass' tailored, high-end products are found on some of the world's most distinctive properties, including the El Dorado Airport (Bogota), United Nations...
Tecnoglass (NASDAQ: TGLS) has completed its delisting from Colombia's BVC stock exchange to focus on the US based NASDAQ, where over 99% of its trading volume already takes place.
Tecnoglass (NASDAQ: TGLS) just closed on a $300 million USD credit facility from a syndicate of banks. In this Finance Colombia exclusive interview with CFO Santiago Giraldo, he also explains the company's innovative stock-for-land real estate deal for the site of their new...
With a new $300 million USD senior secured credit facility consisting of a $250 million delayed draw term loan and a $50 million committed revolving credit facility, Tecnoglass expands its borrowing capacity, significantly reduces cost of capital, lowers interest expense by an...
Coming off a record breaking second quarter, Barranquilla, Colombia based Tecnoglass (NASDAQ: TGLS) has declared a cash dividend of $0.0275 USD per share, or $0.11 per share on an annualized basis for the third quarter of 2020. The dividend will be paid to shareholders of record...