Enka reports $406.475 million revenues in 2025 driven by exports

The Colombian company Enka recorded operational revenues of $406.475 million in 2025, with 58% from the local market and the rest from exports. Despite challenges such as low prices for Chinese raw materials and local inflationary pressures, it achieved an EBITDA of $28.705 million and a net profit of $3.102 million.

Enka, a Colombian textile company, released its 2025 financial results, showing total operational revenues of $406.475 million. Of this amount, $237.046 million came from the local market, while $169.429 million arose from exports, equivalent to US$42 million.

Adjusting for the closure of the Filaments line, revenues fell $16.769 million compared to 2024, mainly due to lower sales in Industrial Businesses. EBITDA reached $28.705 million, with a 7.1% margin, though it marked a $7.627 million decline from the previous year. Net profit was $3.102 million, down $7.079 million versus 2024, linked to reduced sales in a challenging environment.

Internationally, exports grew 3% in revenues and 24% in volume compared to 2024, excluding the Filaments closure effect. Notably, EKO PET exports rose 109%, primarily to the United States, helping offset weaker local demand.

By segments, Green Businesses generated $266.222 million, with a slight 1.7% drop from 2024, hit by lower EKO Fibras sales to Brazil amid geotextile market contraction. Conversely, EKO Polyolefins increased 4% in revenues. Industrial Businesses reported $133.316 million, a 13% adjusted decline due to the Filaments closure, affected by reduced demand for Tire Canvas.

The company redirected production toward items like Technical Yarn, Rope, and Nylon Granule, targeting European and American markets with high technical specifications. For 2026, Enka expects higher local sales driven by the Pusu Law, which will raise minimum recycled PET content to 55% for waters and 22% for other beverages.

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Realistic image of a Colombian factory with workers and growth statistics highlighting 1.9% manufacturing production rise.
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Colombia's manufacturing production grows 1.9% in October

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Colombia's National Administrative Department of Statistics (Dane) reported that manufacturing production rose 1.9% in October 2025 compared to October 2024. Manufacturing sales grew 2.4%, and employed personnel increased 0.7%. Bruce Mac Master, president of Andi, highlighted sectoral heterogeneity and the importance of the year's final months.

A total of 648 companies reported their 2025 financial results to the Comisión para el Mercado Financiero (CMF) on Tuesday, March 31, totaling profits of US$32.231 million, a 28.57% year-over-year increase. Codelco posted the highest earnings at US$2.422.4 million, boosted partly by its lithium business. Overall revenues reached US$373.920 million, with cash equivalents rising to US$49.667 million.

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Ecopetrol reported $23.8 billion in contracts for goods and services in 2025, a 4.8% increase from 2024. Of that amount, 96% went to national providers, bolstering the local industry. The approach aims to support projects and operations across various regions of the country.

Viña Santa Rita's board president, Baltazar Sánchez, presented the 2025 annual report, noting economic results well below expectations amid a global wine consumption drop and local issues. Sales fell 1.6% and the company recorded $5.871 million in losses.

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Colombia's total imports in 2025 amounted to US$70.502.1 million, a 10% increase from 2024, mainly driven by the manufacturing sector. In December of that year, external purchases reached US$6,050.7 million, up 7.1%. This trend highlights increased acquisitions in machinery and agricultural products.

Ecopetrol's 2026 General Shareholders' Assembly at Corferias approved a $121 per share dividend distribution for minorities, as proposed by the Ministry of Hacienda. The event was marked by tensions over president Ricardo Roa's tenure amid ongoing judicial processes. The company reported $9 trillion in 2025 profits, the lowest since the pandemic.

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Production costs in Colombia's industry fell 2.63% at the end of 2025 compared to 2024, according to the Producer Price Index (IPP) report from Dane. The Ministry of Hacienda highlighted this drop as a sign of relief for inflation, driven by moderation in external raw material prices and imported goods. The mining and quarrying sector led with a -19.91% decline.

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