Empresas ICA, S.A.B. de C.V. announced unaudited consolidated earnings and operating results for the first quarter ended March 31, 2016. For the quarter, the company’s revenues were MXN 6,108 million against MXN 9,501 million a year ago, this reduction was principally the result of lower volumes of construction work on various projects and the deconsolidation of San Martín effective fourth quarter 2015. Operating income was MXN 978 million against MXN 1,570 million a year ago. Consolidated net loss was MXN 1,101 million against MXN 708 million a year ago. Net loss of controlling interest was MXN 1,370 million or MXN 2.23 per share against MXN 846 million or MXN 1.38 per share a year ago. Adjusted EBITDA was MXN 1,379 million against MXN 2,091 million a year ago. LPADS was USD 0.51 against USD 0.36 a year ago. Total consolidated debt decreased 8% to MXN 62,498 million as of March 31, 2016, as compared to December 31, 2015.