Empresas ICA, S.A.B. de C.V. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year of 2014; Provides Earnings Guidance for the Year 2015
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.