Impulsora del Desarrollo y el Empleo en América Latina, S.A.B. de C.V. reported consolidated earnings results for the fourth quarter and full year ended December 31, 2012. For the quarter, the company reported income from continuing operations was MXN 1,982 million against MXN 1,544.1 million a year ago. EBIT was MXN 732.2 million against MXN 896.0 million a year ago. Net loss before taxes was MXN 320.0 million against net income before taxes of MXN 202.3 million a year ago. Net loss was MXN 187.8 million against net income of MXN 32.8 million a year ago. During the last quarter of 2012 revenues stood at MXN 1,982 million 28% growth when compared with fourth quarter of 2011. EBITDA was MXN 926.6 million against MXN 1,148.5 million a year ago.

For the year, the company reported income from continuing operations was MXN 7,328.1 million against MXN 5,148.6 million a year ago. EBIT was MXN 3,697.1 million against MXN 2,382.8 million a year ago. Net income before taxes was MXN 322.2 million against net loss before taxes of MXN 216.2 million a year ago. Net income was MXN 309.4 million against net loss of MXN 227.6 million a year ago. The company posted revenues of MXN 7,328 million in 2012, which represents 42% growth when compared with the same period of the previous year. Net Debt stood at MXN 33.1 billion. EBITDA was MXN 4,707.4 million against MXN 3,310.5 million a year ago.