Cementos Argos S.A. (CMTOY)
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Cementos Argos S.A. (CMTOY) Q2 2025 Earnings Call Transcript
Cementos Argos S.A. (OTCPK:CMTOY) Q2 2025 Earnings Conference Call August 13, 2025 11:00 AM ET Company Participants Carlos Horacio Yusty Calero - Corporate Participant Carolina Velásquez Zuluaga - Corporate Participant Felipe Aristizabal Restrepo - CFO & Vice President of Corporate Finances Gustavo Adolfo Uribe Villa - Corporate Participant Juan Esteban Calle Restrepo - CEO & President Conference Call Participants Mariane Julie Goñi Tadeo - Unidentified Company Mario Sergio Simplicio - Morgan Stanley, Research Division Santiago Villanueva Lizcano - Unidentified Company Simon Londono - Unidentified Company Carolina Velásquez Zuluaga Good morning, everyone.
Cementos Argos: An Appealing Cement Play With A Big Payday Coming
Cementos Argos has seen a 110.3% stock increase since monetizing its US assets, outperforming the S&P 500's 31.1% rise. Despite recent financial weaknesses, including a 4.8% drop in cement volumes, I am upgrading CMTOY from 'Hold' to 'Buy'. The company benefits from expected housing sales growth, lower inflation, and a potential $2.87 billion cash influx from Summit Materials' sale.
