Empresas ICA, S.A.B. de C.V., through its subsidiaries, operates as an infrastructure and construction company in Mexico and Latin America. The company operates through five segments: Civil Construction, Industrial Construction, Concessions, Airports, and Corporate and Other. The Civil Construction segment focuses on the construction of infrastructure projects, such as roads, highways, transportation facilities, bridges, dams, hydroelectric plants, prisons, tunnels, canals, and airports in Mexico, as well as in other parts of Latin America, the Caribbean, Asia, and the United States. This segment is also involved in the construction, development, and remodeling of multi-storied urban buildin...
Boulevard Manuel Avila Camacho 36
Col. Lomas de Chapultepec
Del. Miguel Hidalgo
Mexico City, DF 11000
Founded in 1947
Empresas ICA, S.A.B. de C.V. Announces Unaudited Consolidated Earnings and Operating Results for the First Quarter Ended March 31, 2015
Apr 29 15
Empresas ICA, S.A.B. de C.V. announced unaudited consolidated earnings and operating results for the first quarter ended March 31, 2015. For the quarter, the company’s revenues were MXN 8,822 million against MXN 7,980 million a year ago. Operating income was MXN 1,155 million against MXN 1,081 million a year ago. Loss before income taxes MXN 1,172 million against income before income taxes of MXN 315 million a year ago. Consolidated net income was MXN 708 million against MXN 237 million a year ago. Net loss of controlling interest was MXN 846 million or MXN 1.38 per share against MXN 24 million or MXN 0.04 per share a year ago. Adjusted EBITDA was MXN 1,676 million against MXN 1,579 million a year ago. LPADS was USD 0.36 against USD 0.01 a year ago. The loss resulted principally from the exchange loss of MXN 1,080 million included in comprehensive financing cost. Net debt was MXN 48,928 million as of March 31, 2015 against MXN 46,753 million as of December 31, 2014. Net cash flow from operating activities was MXN 2,094 million against MXN 1,092 million a year ago. Acquisition of real estate, machinery and equipment was MXN 61 million against MXN 145 million a year ago. Acquisition of other long term assets was MXN 1,287 million against MXN 1,043 million a year ago.
For the quarter, the company’s concessions highway traffic, ADTV was 3,480 against 3,260 a year ago. Airports passenger traffic was 3,803,000 against 3,236,000 a year ago. The traffic volumes for the concessioned highways in the first quarter of 2015 rose 7% as a result of traffic growth in most of the operating projects.
Empresas ICA, S.A.B. de C.V. to Report Q1, 2015 Results on Apr 29, 2015
Apr 23 15
Empresas ICA, S.A.B. de C.V. announced that they will report Q1, 2015 results on Apr 29, 2015