Inactive Instrument

Grupo Orbis S.A.

ORBIS

COT74PA00021

Grupo Orbis S.A. Reports Earnings Results for the First Quarter Ended March 31, 2022

May 13, 2022 at 03:34 pm EDT

Grupo Orbis S.A. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was COP 445,707.69 million compared to COP 317,112.35 million a year ago. Net income was COP 7,619.81 million compared to COP 13,715.16 million a year ago. Basic earnings per share from continuing operations was COP 472 compared to COP 850 a year ago.

Latest news about Grupo Orbis S.A.

Grupo Orbis S.A. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022	22-08-11	CI
Grupo Orbis S.A. Reports Earnings Results for the First Quarter Ended March 31, 2022	22-05-13	CI
Akzo Nobel Coatings International B.V. completed the acquisition of Grupo Orbis S.A..	22-04-21	CI
Grupo Orbis S.A. Reports Earnings Results for the Full Year Ended December 31, 2021	22-03-30	CI
Grupo Orbis S.A. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021	21-11-12	CI
Grupo Orbis S.A. Reports Earnings Results for the Second Quarter Ended June 30, 2021	21-08-11	CI
Akzo Nobel Coatings International B.V. reached an agreement to acquire Grupo Orbis S.A..	21-06-28	CI
Grupo Orbis S.A. Reports Earnings Results for the First Quarter Ended March 31, 2021	21-05-11	CI
Grupo Orbis S.A. Reports Earnings Results for the Full Year Ended December 31, 2020	21-04-08	CI
Grupo Orbis S.A. acquired the remaining 33% stake in Novaforma Distribuidora de Fiberglas Ltda. for BRL 0.45 million.	14-12-22	CI
Grupo Orbis S.A. acquired the remaining 33% stake in Novapol Plásticos Ltda. for BRL 18.9 million.	14-12-21	CI
Sun Chemical Group Coöperatief U.A. acquired remaining 50% stake in Tintas SA and Sinclair SA from Inversiones Mundial, S.A.,Centro de Servicios Mundial SAS, Cacharreria Mundial SAS and others for a purchase price of $45 million.	14-01-03	CI
Mundial Eyes Acquisitions	13-11-17	CI
Grupo Comeca acquired Prodenvases S.A.S from Inversiones Mundial, S.A., Crown Cork & Seal Company, Inc. and its affiliates for MXN 45 million.	13-07-02	CI

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Company Profile

Grupo Orbis SA, formerly Inversiones Mundial SA, is a Colombia-based holding company primarily engaged, through its subsidiaries, in the chemical industry. Its main activities are structured into four business divisions: Paints, Chemicals, Trade and Water. Its product portfolio includes industrial and water based paints, as well as powder coatings; wood maintenance products; polishers and varnishes; industrial and construction coatings; unsaturated polyester plastics and polymer adhesives; inks intended for the graphic arts; plastic, and water pipes, among others. In addition, it also offers such support services as logistics, transport, productsâ storage and technical assistance. On March 5, 2013, the Company acquired 49% stake in Inproquim through Andercol Panama SA, and owns the remaining 51% stake in Inproquim, through Andercol SA.

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