Empresas ICA, S.A.B. de C.V. reported unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2013. For the quarter, the company reported revenue of MXN 7,729 million compared to MXN 9,240 million a year ago. Operating income was MXN 812 million compared to operating loss of MXN 421 million a year ago. Consolidated net income was MXN 1,082 million compared to net loss of MXN 174 million a year ago. Adjusted EBITDA was MXN 1,262 million compared to MXN 252 million a year ago. Net income of controlling interest was MXN 681 million compared to net loss of controlling interest of MXN 399 million a year ago. EPS was MXN 1.12 compared to LPS of MXN 0.66 a year ago. Revenues for the period decreased 16% to Ps. 7,729 million, reflecting a lower level of work execution and a slowdown in the construction sector.

For the year, the company reported revenue of MXN 29,556 million compared to MXN 38,122 million a year ago. Operating income was MXN 3,131 million compared to MXN 1,679 million a year ago. Consolidated net income was MXN 1,466 million compared to MXN 1,529 million a year ago. Adjusted EBITDA was MXN 4,733 million compared to MXN 3,740 million a year ago. Net income of controlling interest was MXN 585 million compared to MXN 955 million a year ago. EPS was MXN 0.96 compared to MXN 1.58 a year ago.