Tecnoglass Inc's Corporate Customers have recorded an advance in their cost of revenue by 2.02 % in the 1 quarter 2026 year on year, sequentially costs of revenue were trimmed by -6.36 %. During the corresponding time, Tecnoglass Inc recorded a revenue increase by 12.02 % year on year, sequentially revenue grew by 1.51 %. While revenue at the Tecnoglass Inc 's corporate clients fell by -1.47 % year on year, sequentially revenue fell by -12.01 %.
Tecnoglass Inc's Customers have recorded an advance in their cost of revenue by 2.02 % in the 1 quarter 2026 year on year, sequentially costs of revenue were trimmed by -6.36 %, for the same period Tecnoglass Inc recorded revenue increase by 12.02 % year on year, sequentially revenue grew by 1.51 %.
Tecnoglass Inc's Comment on Sales, Marketing and Customers
Our customers include architects, building owners, general contractors and glazing
subcontractors in the commercial construction market. We have over 900 customers.
Of our 100 most representative customers, which represent over 88% of our sales,
about 52% are located in North America, 4% in Central America and the Caribbean,
and 44% in South America. Only one customer, GM&P Consulting and Glazing,
accounted for more than 10% or more of our net sales. On March 1, 2017 the Company
entered into and consummated a purchase agreement with Giovanni Monti, the owner
of 100% of the outstanding shares of GM&P. With the acquisition of GM&P,
the Company has reduced its customer risk concentration and dependence on a single
client.
Tecnoglass Inc’s Comment on Sales, Marketing and Customers
Our customers include architects, building owners, general contractors and glazing
subcontractors in the commercial construction market. We have over 900 customers.
Of our 100 most representative customers, which represent over 88% of our sales,
about 52% are located in North America, 4% in Central America and the Caribbean,
and 44% in South America. Only one customer, GM&P Consulting and Glazing,
accounted for more than 10% or more of our net sales. On March 1, 2017 the Company
entered into and consummated a purchase agreement with Giovanni Monti, the owner
of 100% of the outstanding shares of GM&P. With the acquisition of GM&P,
the Company has reduced its customer risk concentration and dependence on a single
client.
Sources:
Tecnoglass Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Tecnoglass Inc’s corporate clients.
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