Welcome to our dedicated page for Tecnoglass news (Ticker: TGLS), a resource for investors and traders seeking the latest updates and insights on Tecnoglass stock.
Tecnoglass Inc. (NYSE: TGLS) is a producer of high-end aluminum and vinyl windows and architectural glass serving multi-family, single-family, and commercial end markets. News about Tecnoglass often centers on its role as a glass fabricator and architectural glass transformation company supplying projects across the Americas from its vertically integrated manufacturing complex in Barranquilla, Colombia.
On this page, readers can follow Tecnoglass news related to quarterly financial results, dividend declarations, and capital allocation decisions such as share repurchase authorizations described in company announcements. The company regularly issues press releases discussing revenue trends, profitability metrics, backlog levels, and liquidity, as well as updates to its financial guidance.
Tecnoglass also reports on developments connected to its U.S. and Latin American footprint, including participation in industry and investor conferences, expansion of credit facilities, and initiatives tied to geographic expansion and manufacturing feasibility studies. In addition, the news flow may include the company’s responses to short seller reports and legal actions intended to address allegations it characterizes as false or misleading.
Investors and observers can use the Tecnoglass news feed to monitor how the company communicates about its multi-family, single-family, and commercial end markets, its position as the second largest glass fabricator serving the U.S. and the #1 architectural glass transformation company in Latin America, and its approach to corporate governance and shareholder engagement. Regular visits to this page provide a centralized view of official Tecnoglass press releases and related market updates.
Tecnoglass (NYSE: TGLS), a leading manufacturer of high-end aluminum and vinyl windows and architectural glass for global residential and commercial markets, has announced its quarterly dividend for Q1 2025. The company's Board of Directors has declared a dividend of $0.15 per share, which amounts to $0.60 per share annually. Shareholders recorded as of March 31, 2025, will receive the dividend payment on April 30, 2025.
Tecnoglass (NYSE: TGLS), a leading manufacturer of high-end aluminum and vinyl windows and architectural glass, has announced its participation in the Raymond James 2025 Institutional Investors Conference. The event will take place on Tuesday, March 4, 2025, in Orlando, FL. The company, which serves both global residential and commercial markets, will showcase its expertise and connect with institutional investors during this significant industry gathering.
Tecnoglass (NYSE: TGLS) reported record results for Q4 and full year 2024, with annual revenues increasing 6.8% to $890.2 million. Single-family residential revenue grew 10.9% to $372.1 million, while the company achieved a full year net income of $161.3 million ($3.43 per diluted share).
Key highlights include record backlog expansion of 27.6% to $1.1 billion, all-time high quarterly and full year cash flow from operations of $61.1 million and $170.5 million respectively, and debt reduction of $65 million in 2024. The company maintained strong margins with full year gross profit of $380.0 million (42.7% of revenues) and Adjusted EBITDA of $275.8 million (31.0% of revenues).
Looking ahead, Tecnoglass projects 2025 revenue guidance of $940 million to $1.02 billion, representing approximately 10% growth, with Adjusted EBITDA target range of $300-340 million.
Tecnoglass (NYSE: TGLS), a leading manufacturer of high-end aluminum and vinyl windows and architectural glass for residential and commercial markets, has announced its schedule for fourth quarter and full year 2024 financial results release. The company will publish its results before market opening on Thursday, February 27, 2025.
Management will host a webcast and conference call at 10:00 a.m. Eastern time on the same day, accompanied by a slide presentation. The conference call will be accessible via webcast through the Investors section of Tecnoglass' website and by phone at 1-833-816-1170 (domestic) or 1-412-317-0566 (international). A replay will be available until March 27, 2025, by dialing 1-844-512-2921 (domestic) or 1-412-317-6671 (international) with pass code 10196427.
Tecnoglass (NYSE: TGLS) announced a significant 36% increase in its quarterly dividend, raising it to $0.15 per share from $0.11 per share. The new annualized dividend rate will be $0.60 per share, up from the previous $0.44 per share. Shareholders of record as of December 31, 2024, will receive the increased dividend payment on January 31, 2025. The company's CFO emphasized that this increase reflects strong cash flow generation capabilities and business trajectory while maintaining financial flexibility for growth initiatives.
Tecnoglass (NYSE: TGLS), a leading manufacturer of premium aluminum and vinyl windows and architectural glass for residential and commercial markets worldwide, has announced its participation in the Raymond James 2024 TMT & Consumer Conference. The event is scheduled to take place in New York, NY on Tuesday, December 10, 2024.
Tecnoglass (NYSE: TGLS), a leading manufacturer of high-end aluminum and vinyl windows and architectural glass, announced its participation in the Baird 2024 Global Industrial Conference. The event will take place in Chicago, IL on Wednesday, November 13, 2024. The company, which serves both residential and commercial markets globally, will showcase its expertise in architectural glass and window solutions at this significant industry gathering.
Tecnoglass (TGLS) reported record third quarter 2024 results with revenue reaching $238.3 million, up 13.1% year-over-year. Single-family residential revenue increased 25% to $109.7 million. The company achieved a gross margin of 45.8%, net income of $49.5 million ($1.05 per share), and Adjusted EBITDA of $81.4 million. Record backlog expanded to $1.04 billion. The Board approved a 36% increase in quarterly dividend and expanded share repurchase program to $100 million. The company strengthened its 2024 guidance, projecting full-year revenues of $880-900 million and Adjusted EBITDA of $270-280 million.
Tecnoglass (NYSE: TGLS) has been ranked as the 27th fastest-growing company in the United States for 2024 by Fortune Magazine. The company, which produces high-end aluminum and vinyl windows and architectural glass, is the only materials segment company recognized on the prestigious Fortune 100 Fastest-Growing Companies list. The ranking is based on Tecnoglass' impressive revenue growth of 65% and adjusted EPS growth of over 200% from 2021 to LTM June 2024, along with three-year annualized shareholder returns. The recognition highlights Tecnoglass' successful execution of strategic initiatives, commitment to innovation, and strong market position in both residential and multi-family/commercial sectors.
Tecnoglass (NYSE: TGLS), a leading producer of high-end aluminum and vinyl windows and architectural glass, has scheduled its third quarter 2024 financial results release for Thursday, November 7, 2024, before market opens. Management will host a webcast and conference call at 10:00 a.m. Eastern time on the same day. The conference call will be accessible via webcast through the company's website and by dialing 1-844-826-3035 (domestic) or 1-412-317-5195 (international). A telephonic replay will be available until January 7, 2025.
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