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Stock Market & Financial Investment News

News Breaks
November 15, 2012
12:35 EDTICAEmpresas ICA receives $700M for delivery of turbine of hydroelectric project
Empresas ICA announces the delivery of the first turbine of the hydroelectric project La Yesca. As a result, ICA received the first scheduled payment of $700M, which was applied to pay project debt.
News For ICA From The Last 14 Days
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February 27, 2015
09:29 EDTICAEmpresas ICA reports Q4 EPADS (94c) vs. 26c last year
Reports Q4 revenue Ps. 10.96B vs. Ps. 7.73B last year. "For the full year and specifically in 4Q14, ICA's comprehensive financing cost was affected by the depreciation of the Mexican peso against the U.S. dollar. This affected the net result and leverage ratios. However, the currency depreciation does not have an immediate impact on cash flows," the company said. Construction backlog grew 16% to Ps. 35.55B, as compared to December 31, 2013. In addition, long-term contracts for mining and other services were Ps. 5.11B.

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