Cementos Argos S.A. (CMTOY) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, everyone. Thank you for being here with us today to discuss our third quarter results. My name is Carolina Velasquez. I am Cementos Argos Investor Relations Officer, and I will be hosting today's call. On the call today are Juan Esteban Calle, our CEO, Felipe Aristizabal, our CFO, Marisabel Echeverry, the VP of Legal Affairs, Carlos Yusti, the VP of the Columbia Division, and Gustavo Uribe, the leader of Central America. First, I would like to ask you to carefully read the legal disclaimer that is currently being projected on the screen, which is also available on the presentation that is posted on our website. Please consider that all the discussions of the financial and operational results held during the call will be based on the adjusted figures, excluding non-recurring and non-core operations. For a detailed reconciliation of the adjustments, please refer to the annexes of our presentation. Today, after the initial remarks, there will be a Q&A session. If you have a question, please raise your hand by pressing the icon at the bottom of your screen at any time during the conference. We will record this session and upload it to our webpage. It is now my pleasure to turn the call over to Juan Esteban. Thank you, Carolina, and welcome to everyone joining us today. I would like to begin by highlighting three important developments during the quarter. We delivered strong operating results with volume growth across all of our operations thanks to improved market dynamics, especially in Colombia, and broad-based EBITDA and EBITDA margin expansion driven by the disciplined execution of our pricing strategy and efficiency programs. This position is on track to achieve our 25% margin target one year ahead of schedule. Second, we made significant progress in o...