Tecnoglass (TGLS) Raises Quarterly Dividend 136.4% to $0.065; 0.8% Yield

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Go back to Tecnoglass (TGLS) Raises Quarterly Dividend 136.4% to $0.065; 0.8% Yield

Tecnoglass (TGLS) Issues Business Update, Increases Full Year 2021 Growth Outlook

December 10, 2021 5:37 AM EST

Tecnoglass, Inc. (NASDAQ: TGLS), a leading manufacturer of architectural glass, windows, and associated aluminum products serving the global residential and commercial end markets, today updated the financial outlook it disclosed on November 8, 2021 for full year 2021. Year to date through November 2021, Adjusted EBITDA has increased over 50% to approximately $140 million on total revenues of approximately $456 million. The Company remains on pace to deliver another year of record cash flow with cash flow from operations at approximately $100 million year to date through November 2021. Based on the financial performance through November 2021, the... More