The Colombian Stock Exchange reported consolidated and individual results at the end of the fourth quarter of 2021 and said that for this period the total consolidated income reached $208,836 million, presenting an increase of 10% compared to the same period of 2020.
operating income ended at $199,772 million, presenting a real increase of 11%. Consolidated EBITDA ended at $66,539 million, presenting an increase of 8%.
For its part, net income closed at $42,486, presenting an increase of 22% when compared to 2020 without the effect of $86,802 million, from the discontinued operation of Sophos, and $31,780 million from the valuation of assets of the CRCC and CCDC.
Juan Pablo Córdoba, president of bvc, stated that: “The solid results are the product of the very good results of all the group’s companies, especially the contribution of the CRCC, with a significant increase when integrating the foreign exchange market and a recovery of the markets in the last quarter of the year offsetting the fall of other months in the negotiation and promoting post negotiation”.
He said that the BVC closed the fourth quarter, with a consolidated income “growing 10%, with a consolidated profit of around $42,486 million and an Ebitda margin of 33%, which is a very positive result in the midst of a year full of uncertainty and volatility”.
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