Graña y Montero Announces Consolidated Results for Third Quarter 2013
October 29 2013 - 8:05AM
Business Wire
Graña y Montero S.A.A. (NYSE: GRAM)(BVL: GRAMONC1) (“the
Company” or “Graña y Montero”) a leading Engineering and
Construction company, announced its consolidated results for the
third quarter (“3Q2013”) period ended September 30, 2013. These
results have been prepared in accordance with International
Financial Reporting Standards (“IFRS”) and are stated in nominal
Peruvian Nuevos Soles (S/.).
Financial Highlights:
It is important to note the following highlights:
- The Group achieved Revenues of
S/. 4,245.5 MM in the first nine months of 2013, a 15.5%
growth compared to the third nine months of 2012
- Gross Profit reached S/.705.0
MM in the third quarter of 2013, increasing 38.1% compared to
the result obtained in the third quarter of 2012
- EBITDA was S/.738.4 MM in
the first nine months of 2013, higher by 32.1% than the result
obtained in the first nine months of 2012
- Net Income was S/. 203.7
MM in the third quarter of 2013, representing an increase of
1.5% compared to the same period of 2012
- Backlog amounted to US$ 3,973
MM in the third quarter of 2013, a 42.6% increase compared to
the same period in 2012
For a full version of Graña y Montero’s Third Quarter 2013
Earnings Release please visit www.granaymontero.com.pe or
contact:
Mónica Miloslavich Hart
Dennis Gray Febres Chief Financial Officer Investor Relations
Officer
mmiloslavich@gym.com.pe
dgray@gym.com.pe
511-213-6565 511-213-6583
relacion.inversionistas@gym.com.pe
About Graña y Montero S.A.A.
Founded in 1933, Graña y Montero is the only Peruvian
engineering and construction company listed on the Lima Stock
Exchange since 1997 and now also the NYSE. The Company has
participated in the development of major engineering and
construction projects in Peru, including large-scale, complex
projects in the energy, mining, construction and real estate
sectors.
With 80 years of operations, the Company has leveraged its
engineering and construction expertise into complementary lines of
business, such as the development, ownership, operation and
maintenance of infrastructure assets, real estate developments, and
the provision of technical services. The Company has significant
investments in infrastructure concessions, such as three toll roads
and Line 1 of the Lima Metro.
The Company has also executed several projects outside Perú, and
has acquired three companies in Chile: DSD Construcciones y
Montajes, an engineering and construction company specialized in
providing services to the energy, oil and gas, cellulose and mining
sector in Chile and Latin America; Vial y Vives, a construction
company specialized in the mining sector, and CAM, which is
specialized in electric services, with operations in Chile, Peru
and Colombia.
Graña y Montero is listed in the NYSE under ticker symbol “GRAM”
and in the Lima Stock Exchange under ticker symbol “GRAMONC1.”
Graña y Montero S.A.A.Juan Jose Arrieta, 511-213-6598Corporate
Communications& Social Responsibility
Officerjarrieta@gym.com.peorDennis Gray F., 511-213-6583Investor
Relations
Officerdgray@gym.com.perelacion.inversionistas@gym.com.pe
Grana y Montero SAA (NYSE:GRAM)
Historical Stock Chart
From Jun 2024 to Jul 2024
Grana y Montero SAA (NYSE:GRAM)
Historical Stock Chart
From Jul 2023 to Jul 2024