Empresas ICA, S.A.B. de C.V. reported unaudited consolidated earnings results for the fourth quarter and full year of 2014. For the quarter, the company reported revenue of MXN 10,962 million against MXN 7,729 million a year ago. Operating income was MXN 1,021 million against MXN 814 million a year ago. Consolidated net loss was MXN 1,826 million against consolidated net income of MXN 1,038 million a year ago. Adjusted EBITDA was MXN 1,510 million against MXN 1,264 million a year ago. Loss per share was MXN 3.47 against earnings per share of MXN 0.85 a year ago.

For the year, the company reported revenue of MXN 36,757 million against MXN 29,556 million a year ago. Operating income was MXN 4,375 million against MXN 3,133 million a year ago. Consolidated net loss was MXN 2,086 million against consolidated net income of MXN 1,422 million a year ago. Adjusted EBITDA was MXN 6,138 million against MXN 4,735 million a year ago. Loss per share was MXN 4.96 against earnings per share of MXN 0.70 a year ago.

The company expects that revenues will increase by 10% to 12% in 2015, with an Adjusted EBITDA margin of 14% to 16%, excluding one-time gains or losses.