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OFFON

EMPRESAS ICA, S.A.B. DE C.V.

(ICAYY)
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Empresas ICA, S.A.B. de C.V. Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2016

11/29/2016 | 05:25pm EDT

Empresas ICA, S.A.B. de C.V. announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2016. For the quarter, the company’s revenue was MXN 5,060 million against MXN 7,739 million a year ago. Operating income was MXN 881 million against MXN 1,179 million a year ago. Loss before tax was MXN 3,014 million against MXN 3,237 million a year ago. Consolidated net loss was MXN 4,531 million or MXN 8.13 per share against MXN 2,258 million or MXN 4.09 per share a year ago. Adjusted EBITDA was MXN 1,224 million against MXN 1,713 million a year ago. Loss from continuing operations was MXN 3,647 million against MXN 2,253 million a year ago. Capital expenditure was MXN 1,259 million against MXN 1,600 million a year ago. For the nine months, the company’s revenue was MXN 14,581 million against MXN 23,932 million a year ago. Operating income was MXN 2,538 million against MXN 4,018 million a year ago. Loss before tax was MXN 6,499 million against MXN 4,529 million a year ago. Consolidated net loss was MXN 8,631 million or MXN 15.87 per share against MXN 3,323 million or MXN 6.38 per share a year ago. Adjusted EBITDA was MXN 3,689 million against MXN 5,502 million a year ago. Net cash flows from operating activities were MXN 4,219 million against MXN 5,892 million a year ago. Loss from continuing operations was MXN 7,577 million against MXN 3,269 million a year ago. Capital expenditure was MXN 3,549 million against MXN 5,468 million a year ago. Net debt as on September 30, 2016 was MXN 56,870 million.


© S&P Capital IQ 2016
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Managers and Directors
Guadalupe Phillips Margain Chief Executive Officer & Director
Pablo Garcia Aguilar Chief Financial Officer & Head-Investor Relations
Bernardo Quintana Isaac Chairman
Prospero Antonio Ortega Castro Vice President-Risk & Administration
Elsa Beatriz García Bojorges Independent Director
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