TECNOGLASS INC.

(TGLS)
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Real-time Estimate Cboe BZX  -  01:08 2022-08-16 pm EDT
25.89 USD   +1.97%
08/10TECNOGLASS : August 2022 General Investor Presentation
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08/05B. Riley Raises Tecnoglass' Price Target to $34 from $32 After 'Strong' Q2 Results, Raised 2022 Guidance; Keeps Buy Rating
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08/04TRANSCRIPT : Tecnoglass Inc., Q2 2022 Earnings Call, Aug 04, 2022
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Tecnoglass Announces Second Quarter 2022 Cash Dividend

06/02/2022 | 04:16pm EDT

Barranquilla, Colombia, June 02, 2022 (GLOBE NEWSWIRE) -- Tecnoglass, Inc. (NYSE: TGLS) ("Tecnoglass" or the "Company"), a leading manufacturer of architectural glass, windows, and associated aluminum products serving the global residential and commercial end markets, today announced that its Board of Directors has declared a quarterly cash dividend of $0.065 per share, or $0.26 per share on an annualized basis, for the second quarter of 2022. The dividend will be paid on July 29, 2022 to shareholders of record as of the close of business on June 30, 2022.

About Tecnoglass

Tecnoglass Inc. is a leading producer of architectural glass, windows, and associated aluminum products serving the multi-family, single-family and commercial end markets. Tecnoglass is the second largest glass fabricator serving the U.S. and the #1 architectural glass transformation company in Latin America. Located in Barranquilla, Colombia, the Company’s 3.5 million square foot, vertically-integrated and state-of-the-art manufacturing complex provides efficient access to over 1,000 global customers, with the U.S. accounting for more than 90% of revenues. Tecnoglass' tailored, high-end products are found on some of the world's most distinctive properties, including One Thousand Museum (Miami), Paramount (Miami), Salesforce Tower (San Francisco), Via 57 West (NY), Hub50House (Boston), Aeropuerto Internacional El Dorado (Bogotá), One Plaza (Medellín), Pabellon de Cristal (Barranquilla). For more information, please visit www.tecnoglass.com or view our corporate video at https://vimeo.com/134429998.

Forward Looking Statements

This press release includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding future financial performance, future growth and future acquisitions. These statements are based on Tecnoglass’ current expectations or beliefs and are subject to uncertainty and changes in circumstances. Actual results may vary materially from those expressed or implied by the statements herein due to changes in economic, business, competitive and/or regulatory factors, and other risks and uncertainties affecting the operation of Tecnoglass’ business. These risks, uncertainties and contingencies are indicated from time to time in Tecnoglass’ filings with the Securities and Exchange Commission. The information set forth herein should be read in light of such risks. Further, investors should keep in mind that Tecnoglass’ financial results in any particular period may not be indicative of future results. Tecnoglass is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements, whether as a result of new information, future events and changes in assumptions or otherwise, except as required by law.

Investor Relations:

Santiago Giraldo
CFO
305-503-9062
investorrelations@tecnoglass.com


All news about TECNOGLASS INC.
08/10TECNOGLASS : August 2022 General Investor Presentation
PU
08/05B. Riley Raises Tecnoglass' Price Target to $34 from $32 After 'Strong' Q2 Results, Rai..
MT
08/04TRANSCRIPT : Tecnoglass Inc., Q2 2022 Earnings Call, Aug 04, 2022
CI
08/04TECNOGLASS : Increases Full Year 2022 Growth Outlook to Adjusted EBITDA1 of $208 Million t..
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08/04Earnings Flash (TGLS) TECNOGLASS Reports Q2 Revenue $169.1M
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08/04Earnings Flash (TGLS) TECNOGLASS Reports Q2 EPS $0.69
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08/04Tecnoglass Reports Record Second Quarter 2022 Results
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08/04Tecnoglass Reports Record Second Quarter 2022 Results
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08/04Tecnoglass Declares A Quarterly Cash Dividend Payable on October 31, 2022
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08/04Tecnoglass Inc. Revised Revenue Guidance for the Full Year of 2022
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Financials (USD)
Sales 2022 634 M - -
Net income 2022 120 M - -
Net Debt 2022 55,8 M - -
P/E ratio 2022 10,0x
Yield 2022 1,08%
Capitalization 1 210 M 1 210 M -
EV / Sales 2022 2,00x
EV / Sales 2023 1,68x
Nbr of Employees -
Free-Float 43,2%
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Mean consensus BUY
Number of Analysts 4
Last Close Price 25,39 $
Average target price 34,50 $
Spread / Average Target 35,9%
EPS Revisions
Managers and Directors
José Manuel Daes Chief Executive Officer & Director
Santiago Giraldo Deputy Chief Financial Officer
Allen Lorne Weil Non-Executive Chairman
Christian T. Daes Chief Operating Officer & Director
Martha L. Byorum Independent Director
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