Empresas ICA, S.A.B. de C.V. announced unaudited consolidated earnings results for the first quarter ended March 31, 2014. For the quarter, the company reported revenues of MXN 7,980 million against MXN 6,226 million for the same period in the last year. Operating income was MXN 1,081 million against MXN 186 million for the same period in the last year. Consolidated net income was MXN 237 million against MXN 273 million for the same period in the last year. Adjusted EBITDA was MXN 1,579 million against MXN 672 million for the same period in the last year. LPS was MXN 0.04 against EPS of MXN 0.27 for the same period in the last year. LPADS was USD 0.01 against EPADS of USD 0.09 for the same period in the last year. The first quarter 2014 results reflect the trends in recent quarters, with results in the Concessions business and sound results in the Airports business.

The company expects that full year 2014 revenues will rebound and increase an estimated 10% to 12%, compared to 2013, principally because of the robust growth expected in Concessions and Airports. The company also expects to generate an Adjusted EBITDA margin of approximately 14% to 16%, remaining in the same range as 2012 and 2013.