ICA to delay reporting its Unaudited Third Quarter 2016 Earnings Report
(Thomson Reuters ONE) -
MEXICO CITY, Oct. 27, 2016 (GLOBE NEWSWIRE) -- Empresas ICA, S.A.B. de
C.V. (BMV:ICA), announced today that it will delay reporting its unaudited third
quarter 2016 results.
The Company will publish its unaudited third quarter 2016 earnings report by the
end of November 2016, in accordance with Article 45 of the General Provisions
Applicable to Issuers of Securities and Other Securities Market Participants.
The Company has decided to extend the publication date of its financial reports
because it is primarily focused on the operational and financial restructure
process and has been required to devote a substantial portion of its personnel
and administrative resources, including the personnel of its accounting and
financial reporting organization, to matters relating to its restructure.
In this regard, the company will focus on publishing its unaudited third quarter
2016 earnings report no later than November 28, 2016.
This press release contains projections or other forward-looking statements
related to ICA that reflect ICA's current expectations or beliefs concerning
future events. Forward-looking statements involve inherent risks and
uncertainties. We caution you that a number of important factors could cause
actual results to differ materially from the plans, objectives, expectations,
estimates and intentions expressed in such forward-looking statements. These
factors include cancellations of significant construction projects included in
backlog, material changes in the performance or terms of our concessions,
additional costs incurred in projects under construction, failure to comply with
covenants contained in our debt agreements, developments in legal proceedings,
unanticipated increases in financing and other costs or the inability to obtain
additional debt or equity financing on attractive terms, changes to our
liquidity, economic and political conditions and government policies in Mexico
or elsewhere, changes in capital markets in general that may affect policies or
attitudes towards lending to Mexico or Mexican companies, changes in inflation
rates, exchange rates, regulatory developments, customer demand, competition and
tax and other laws affecting ICA's businesses and other factors set forth in
ICA's most recent filing on Form 20-F and in any filing or submission ICA has
made with the SEC subsequent to its most recent filing on Form 20-F. All
forward-looking statements are based on information available to ICA on the date
hereof, and ICA assumes no obligation to update such statements.
Empresas ICA, S.A.B. de C.V., carries out large-scale civil and industrial
construction projects and operates a portfolio of long-term assets, including
airports, toll roads, water systems, and real estate. Founded in 1947, ICA is
listed on the Mexican and New York Stock exchanges. For more information,
visit ir.ica.mx.
For more information, please contact:
Christianne Ibañez
christianne.ibanez(at)ica.mx
Pablo García
pablo.garcia(at)ica.mx
Chief Financial Officer
relacion.inversionistas(at)ica.mx
+(5255) 5272 9991 x 3607
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Empresas ICA, S.A.B. de C.V. via GlobeNewswire
Datum: 27.10.2016 - 22:30 Uhr
Sprache: Deutsch
News-ID 503443
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Kategorie:
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"ICA to delay reporting its Unaudited Third Quarter 2016 Earnings Report"
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