STOCK TITAN

Tecnoglass Named to Fortune's 100 Fastest-Growing Companies List

Rhea-AI Impact
(No impact)
Rhea-AI Sentiment
(Very Positive)
Tags

Tecnoglass (NYSE: TGLS) has been ranked as the 27th fastest-growing company in the United States for 2024 by Fortune Magazine. The company, which produces high-end aluminum and vinyl windows and architectural glass, is the only materials segment company recognized on the prestigious Fortune 100 Fastest-Growing Companies list. The ranking is based on Tecnoglass' impressive revenue growth of 65% and adjusted EPS growth of over 200% from 2021 to LTM June 2024, along with three-year annualized shareholder returns. The recognition highlights Tecnoglass' successful execution of strategic initiatives, commitment to innovation, and strong market position in both residential and multi-family/commercial sectors.

Tecnoglass (NYSE: TGLS) è stata classificata come la 27ª azienda in più rapida crescita negli Stati Uniti per il 2024 da Fortune Magazine. L'azienda, che produce finestre di fascia alta in alluminio e vinile e vetri architettonici, è l'unica azienda del settore materiali riconosciuta nella prestigiosa lista Fortune 100 delle aziende in più rapida crescita. La classifica si basa sull'impressionante crescita del fatturato del 65% e sulla crescita dell'EPS rettificato di oltre il 200% dal 2021 a LTM giugno 2024, insieme ai rendimenti annualizzati per gli azionisti su tre anni. Questo riconoscimento evidenzia l'efficace esecuzione da parte di Tecnoglass di iniziative strategiche, l'impegno per l'innovazione e una solida posizione di mercato sia nel settore residenziale che nel segmento multi-familiare/commerciale.

Tecnoglass (NYSE: TGLS) ha sido clasificada como la 27ª empresa de más rápido crecimiento en los Estados Unidos para 2024 por la revista Fortune. La empresa, que produce ventanas de alta gama de aluminio y vinilo y vidrio arquitectónico, es la única empresa del segmento de materiales reconocida en la prestigiosa lista de Fortune 100 de las empresas de más rápido crecimiento. La clasificación se basa en el impresionante crecimiento de ingresos del 65% y un crecimiento de EPS ajustado de más del 200% desde 2021 hasta el LTM de junio de 2024, junto con los rendimientos anuales para los accionistas durante tres años. Este reconocimiento destaca la exitosa ejecución por parte de Tecnoglass de iniciativas estratégicas, su compromiso con la innovación y su sólida posición en el mercado tanto en los sectores residencial como multi-familiar/comercial.

테크노글라스 (NYSE: TGLS)는 포춘 매거진이 2024년 미국에서 27위의 가장 빠르게 성장하는 회사로 선정되었습니다. 고급 알루미늄 및 비닐 창문과 건축 유리를 생산하는 이 회사는 권위 있는 포춘 100개 가장 빠르게 성장하는 회사 목록에서 소재 분야의 유일한 기업으로 인정받고 있습니다. 이 순위는 2021년부터 2024년 6월까지의 LTM 기간 동안의 65%의 수익 성장200% 이상의 조정 EPS 성장을 기반으로 하며, 3년 동안의 연간 주주 수익률도 포함됩니다. 이 인식은 테크노글라스가 전략적 이니셔티브를 성공적으로 수행하고 혁신에 대한 헌신을 보여주며 주거 및 다가구/상업 분야 모두에서 강력한 시장 입지를 구축하고 있음을 강조합니다.

Tecnoglass (NYSE: TGLS) a été classée comme la 27ème entreprise à la croissance la plus rapide aux États-Unis pour 2024 par le magazine Fortune. L'entreprise, qui produit des fenêtres haut de gamme en aluminium et en vinyle ainsi que du verre architectural, est la seule entreprise du secteur des matériaux reconnue dans la prestigieuse liste Fortune 100 des entreprises à la croissance la plus rapide. Le classement est basé sur la croissance du chiffre d'affaires de 65% et la croissance du BPA ajusté de plus de 200% entre 2021 et LTM juin 2024, ainsi que sur les rendements annuels pour les actionnaires sur trois ans. Cette reconnaissance met en avant l'exécution réussie par Tecnoglass des initiatives stratégiques, son engagement envers l'innovation et sa forte position sur le marché tant dans les secteurs résidentiels que multi-familiaux/commerciaux.

Tecnoglass (NYSE: TGLS) wurde von Fortune Magazine als 27. am schnellsten wachsendes Unternehmen in den Vereinigten Staaten für 2024 eingestuft. Das Unternehmen, das hochwertige Aluminium- und Vinylfenster sowie Architekturglas produziert, ist das einzige Materialunternehmen, das in der prestigeträchtigen Fortune 100-Liste der am schnellsten wachsenden Unternehmen anerkannt wurde. Das Ranking basiert auf dem beeindruckenden Umsatzwachstum von 65% und dem bereinigten EPS-Wachstum von über 200% von 2021 bis zum LTM Juni 2024, sowie auf den annualisierten Renditen für Aktionäre über drei Jahre. Die Auszeichnung hebt die erfolgreiche Umsetzung strategischer Initiativen, das Bekenntnis zur Innovation und die starke Marktposition von Tecnoglass sowohl im Wohn- als auch im Mehrfamilien-/Gewerbesektor hervor.

Positive
  • None.
Negative
  • None.

- Only Company in the Materials Segment Recognized on the List -

- Based on Revenue and Adjusted EPS Growth of 65% and Over 200%, Respectively, From 2021 to LTM June 2024 -

Miami, FL, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Tecnoglass, Inc. (NYSE: TGLS) ("Tecnoglass" or the "Company"), a leading producer of high-end aluminum and vinyl windows and architectural glass for the global residential and commercial end markets, today announced it has been ranked by Fortune Magazine as the 27th fastest-growing company in the United States for 2024. The prestigious recognition is based on Tecnoglass' strong revenue growth, earnings per share growth, and three-year annualized return to shareholders for the period ended June 30, 2024.

José Manuel Daes, Chief Executive Officer of Tecnoglass, commented, "We are honored to be recognized by Fortune as one of the nation's fastest-growing public companies among an elite group of businesses across various industries. This achievement reflects our successful execution of strategic initiatives, our commitment to innovation, and our strong market position in both residential and multi-family/commercial. Our vertically integrated operations and focus on high-end products continue to drive sustainable growth and create value for our shareholders."

The Fortune 100 Fastest-Growing Companies list recognizes the world's best three-year performers in revenues, profits, and stock returns among companies that trade on a U.S. stock exchange and file quarterly reports with the SEC.

The full article can read through the following link:

https://fortune.com/2024/10/29/2024-100-fastest-growing-companies-list-tesla-nvidia-energy/

About Tecnoglass
Tecnoglass Inc. is a leading producer of high-end aluminum and vinyl windows and architectural glass 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 5.6 million square foot, vertically integrated, and state-of-the-art manufacturing complex provide efficient access to nearly 1,000 customers in North, Central and South America, with the United States accounting for 95% of total 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.

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


FAQ

What rank did Tecnoglass (TGLS) achieve on Fortune's 100 Fastest-Growing Companies list for 2024?

Tecnoglass ranked 27th on Fortune's 100 Fastest-Growing Companies list for 2024.

What was Tecnoglass' (TGLS) revenue growth from 2021 to June 2024?

Tecnoglass achieved a revenue growth of 65% from 2021 to LTM June 2024.

What was Tecnoglass' (TGLS) EPS growth from 2021 to June 2024?

Tecnoglass reported an adjusted EPS growth of over 200% from 2021 to LTM June 2024.

Is Tecnoglass (TGLS) the only materials company on Fortune's 100 Fastest-Growing Companies list 2024?

Yes, Tecnoglass is the only company in the materials segment recognized on Fortune's 100 Fastest-Growing Companies list for 2024.

Tecnoglass Inc.

NYSE:TGLS

TGLS Rankings

TGLS Latest News

TGLS Stock Data

3.21B
47.00M
52.66%
48.18%
6.07%
Building Materials
Flat Glass
Link
United States of America
MIAMI