Last $20.90 MXN
Change Today +0.07 / 0.34%
Volume 890.5K
ICA* On Other Exchanges
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As of 4:09 PM 11/27/14 All times are local (Market data is delayed by at least 15 minutes).

empresas ica s.a.b (ICA*) Snapshot

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12/26/13 - $27.75
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03/14/14 - $20.10
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empresas ica s.a.b (ICA*) Details

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’s 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 buildings, including office buildings, multiple-dwelling housing developments, and shopping centers. Its Airports segment operates 13 airports in the Central North region of Mexico pursuant to concessions granted by the Mexican government, including the Monterrey airport. The company’s Concessions segment focuses on the construction, development, maintenance, and operation of long-term concessions of toll roads, tunnels, social infrastructure, and water projects for Mexican state and municipal governments, and the governments of foreign countries. Its Corporate and Other segment is involved in real estate operations, including its affordable entry-level housing operations. Empresas ICA, S.A.B. de C.V. was founded in 1947 and is based in Mexico City, Mexico.

31,464 Employees
Last Reported Date: 10/25/14
Founded in 1947

empresas ica s.a.b (ICA*) Top Compensated Officers

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empresas ica s.a.b (ICA*) Key Developments

Empresas ICA, S.A.B. de C.V. Wins MXN 1,089 Million EPC Contract for Deep Water Technology Center in Veracruz

Empresas ICA, S.A.B. de C.V. announced that it was awarded the Engineering, Procurement, and Construction (EPC) contract for a new Deep Water Technology Center for the Mexican Petroleum Institute -- IMP in Boca del Rio, Veracruz. The contract was awarded through an international bidding process. The MXN 1,089 million fixed-term contract includes engineering, land preparation and urbanization works, procurement and construction of five laboratories and other buildings, auxiliary services, a high-pressure water circuit, installation of equipment, project management, and training. The Deep Water Technology Center will include 24,600 m2 of construction on a 20.9-hectare site. The contract includes both fixed and unit price components. The work is scheduled to be completed in November 2015.

ICA Issues MXN 1.75 Billion in Debt to Pay Off Short-Term Liabilities and Finance Two New Highways

ICA has issued MXN 1.75 billion in debt to pay off short-term liabilities and finance two new highways. The transaction was in inflation-adjusted, fixed-rate notes called Certificados Bursatiles, with an 8.52% annual interest. The debt has no corporate guarantee and is backed by revenue from its projects.

Empresas ICA, S.A.B. de C.V. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months of 2014

Empresas ICA, S.A.B. de C.V. reported unaudited consolidated earnings results for the third quarter and nine months of 2014. For the quarter, the company reported revenues of MXN 8,752 million against MXN 7,765 million a year ago. Operating income was MXN 1,112 million against MXN 635 million a year ago. Consolidated net loss was MXN 519 million or MXN 1.28 per share against net income of MXN 447 million or MXN 0.39 per share a year ago. Adjusted EBITDA was MXN 1,501 million against MXN 997 million a year ago. For the nine months, the company reported revenues of MXN 25,795 million against MXN 21,828 million a year ago. Operating income was MXN 3,354 million against MXN 2,318 million a year ago. Consolidated net loss was MXN 168 million or MXN 1.54 per share against MXN 260 million or MXN 0.16 per share a year ago. Adjusted EBITDA was MXN 4,627 million against MXN 3,471 million a year ago.


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