Tecnoglass reported second-quarter revenue of $295.3 million, beating analyst estimates of $265.3 million and growing 15.6% year over year, while adjusted EPS of $0.54 also topped expectations. However, operating margin fell to 12.4% from 24.2% a year earlier, driven by higher U.S. aluminum prices, increased labor costs in Colombia, and the full impact of a new 10% tariff on finished aluminum windows. CFO Santiago Giraldo said the stronger Colombian peso was by far the biggest factor behind a cut to full-year EBITDA guidance, now set at $225 million at the midpoint, below analyst estimates of $226.6 million. The company slightly lifted full-year revenue guidance to $1.1 billion at the midpoint, and management said demand remains high across the U.S., with price increases expected to flow through smaller commercial jobs by year-end and larger projects in late 2027.
Tecnoglass IncNew 10% tariff on finished aluminum windows and higher aluminum prices hurt margins.
