Jan 30 (Reuters) - Colombia's Grupo Argos

reported a 221% increase in net profit in 2024 to 2.53 trillion

pesos ($609 million), the conglomerate announced in a statement

on Thursday.

Argos, with units in the energy, cement and airport

operations, saw revenue last year grow 148% to total 2.53

trillion pesos.

The company's earnings before interest, taxes, depreciation,

and amortization soared 241% from a year earlier to reach 3.22

trillion pesos.

Last year, Grupo Argos divested its stake in Grupo Nutresa

, signed a spin-off agreement with Grupo SURA

to simplify its organizational structure, and finalized the sale

of a 31% stake in its subsidiary Cementos Argos to

Summit Materials ( SUM ).

The conglomerate has called for an extraordinary

shareholders' meeting on March 27 to seek approval for the

spin-off with Grupo SURA.

($1 = 4,153.59 Colombian pesos)