Graña y Montero Announces Consolidated Results for 3Q2017
October 30 2017 - 10:56PM
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 (“3Q2017”) period ended September 30, 2017. These
results have been prepared in accordance with International
Financial Reporting Standards (“IFRS”) and are stated in nominal
Peruvian Nuevos Soles (S/.).
Financial Highlights:
- The Group achieved Revenues of S/
4,462.1 MM during 3Q2017, a 5.3% increase compared to 3Q2016.
- Gross Profit amounted to S/ 525.4 MM in
3Q2017, increasing 16.7% compared to 3Q2016.
- EBITDA was S/ 900.4 MM in 3Q2017, 53.3%
higher than the result obtained in 3Q2016.
- Net Income reached S/ 238.8 MM in
3Q2017, 72.2% higher than in 3Q2016.
- Backlog amounted to US$ 2,572.8 MM as
of 3Q2017 and the recurrent businesses amounted to US$ 609.4 MM,
reaching a total of US$ 3,182.2 MM, equivalent to 1.59x the annual
revenues, maintaining the amount similar to the one registered in
2Q2017.
For a full version of Graña y Montero’s 3Q2017 Earnings Release
please visit: http://investorrelations.granaymontero.com.pe/
About Graña y Montero S.A.A.
Graña y Montero is the largest and most important Engineering
and Infrastructure Company in Peru. It has 24 companies which
operate in 5 countries in Latin America and has more than 28,000
employees. The Graña y Montero Group has always solved the needs of
its clients beyond business in order to create wellbeing for
society. It has been listed on the Lima Stock Exchange since 1997
and on the New York Stock Exchange since 2013.
To find out more, please visit www.granaymontero.com.pe.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20171030006415/en/
Graña y Montero S.A.A.Samantha Ratcliffe, 511-213-6573Head of
Investor
Relationssamantha.ratcliffe@gym.com.perelacion.inversionistas@gym.com.pehttp://investorrelations.granaymontero.com.pe/
Grana y Montero SAA (NYSE:GRAM)
Historical Stock Chart
From May 2024 to Jun 2024
Grana y Montero SAA (NYSE:GRAM)
Historical Stock Chart
From Jun 2023 to Jun 2024