The company reached a net income of COP 1,64 trillion; the historically highest ROE (13,2%) and its share had one of the best performances in the Colombian market.
In 2019, ISA made investments for COP 2,6 trillion, showing ISA’s commitment to excellence and the increasing benefit of countries where the company is present.
ISA’s Group results were outstanding in 2019, despite being a year marked by social tension and the slowdown of the economy in almost all the countries of the region. In this sense, ISA, for the fourth consecutive year, exceeded income from the previous year and presented financial results with a positive growth thanks to its excellent business decisions, discipline, commitment in the search of operating efficiency, and a responsible dedication to generate sustainable value for its stakeholders, whereby ISA continues consolidating itself as a profitable asset with a great potential to generate predictable and steady long-term cash flows.

In 2019 period, shareholder’s returns on equity (ROE) reached 13,2%, the highest in history, showing its focus on efficiency and profitability. In this aspect, it is worth mentioning that, in the last 5 years, the indicator increased from 8,9% in 2015 to 13,2% as previously mentioned.

The group generated income of COP 8,14 trillion with a growth of 12,5%, compared with 2018 results. EBITDA accumulated COP 5,29 trillion; 9,8% more than in the previous year, going positively towards meeting the goal set out in the ISA2030 Strategy: increasing the EBITDA by 70%. Net income was COP 1,64 trillion, representing a growth of 7,5% compared with 2018. These indicators are based on the entry into operation of new projects in Colombia, Chile, Brazil, and Peru, optimizations of investment financing, as well as the strict and efficient administration of management, operation, and maintenance costs and expenses.

Assets ended the year in COP 48,79 trillion, increasing 8,5% compared with 2018, and equity was COP 12,44 trillion; 4,8% more than in the previous year, explained by the net effect of higher income and the distribution of dividends to shareholders.

In addition, ISA and its companies invested COP 2,6 trillion (USD 784 million) in 2019, of which 33% were invested in Colombia. These investments were mainly focused on the development of new projects related to energy transmission projects, expansion of infrastructure, renewal of assets, construction projects, and technological developments. ISA’s investment plan as of 2030 includes a total investment of USD 12.500 million, of which USD 3.657 million are compromised between 2020 and 2024.

Regarding these outstanding results, Bernardo Vargas Gibsone, ISA Group’s CEO, stated: “We are very satisfied with our results, which are the consequence of our diversification strategy, the responsible risk management, and the careful management of operational indicators, among other factors. We will continue looking for new business alternatives to generate growth for the company, benefits for investors, and that contribute to the development of countries where we are present”.

Likewise, we highlight that in 2019, ISA’s share reached a historic peak price of COP 20.480, and had an excellent performance in the year with a valuation of 40,2%, exceeding the COLCAP index by 58%. Through these indicators, ISA had one of the best ten shares with the best performance in the Colombian market.

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