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Company News: Page (1) of 1 - 02/27/13 Email this story to a friend. email article Print this page (Article printing at MyDmn.com).print page

Empresas ICA Announces Unaudited Fourth Quarter 2012 Results By Globenewswire

MEXICO CITY, Feb. 27, 2013 (GLOBE NEWSWIRE) -- Empresas ICA, S.A.B. de C.V. (BMV:ICA) (NYSE:ICA), the largest infrastructure and construction company in Mexico, announced today its unaudited results for the fourth quarter of 2012.



Summary



ICA delivered solid results in the fourth quarter and for full the year 2012. Consolidated revenue rose 3% in 4Q12 and 18% for the year. All business segments reported growth in the year. Adjusted EBITDA increased 23% in 4Q12. For the year 2012, Adjusted EBITDA rose 13% to Ps. 7,015 million, with an Adjusted EBITDA margin of 14.7%.


Earnings per share decreased 17% to Ps. 1.95 during the year. The reduction principally reflected the non-recurring gains on sale of the Corredor Sur tollroad in Panama and two PPP highways during 2011.



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