Graña y Montero Announces Consolidated Results for 1Q2017
April 28 2017 - 4:11AM
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 first quarter
(“1Q2017”) period ended March 31, 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/.
1,418.4 MM during 1Q2017, a 1.0% decrease compared to 1Q2016
- Gross Profit amounted to S/. 211.2 MM
in 1Q2017, increasing 47.2% compared to 1Q2016
- EBITDA was S/. 296.2 MM in 1Q2017,
55.3% higher than the result obtained in 1Q2016
- Net Income reached S/. 79.1 MM in
1Q2017, 11.6% higher than in 1Q2016
- Backlog amounted to US$ 2,909.3 MM as
of 1Q2017 and the recurrent businesses amounted to US$ 622.4 MM,
reaching a total of US$ 3,531.7 MM, equivalent to 1.95x the annual
revenues
For a full version of Graña y Montero’s 1Q2017 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 26 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.
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version on businesswire.com: http://www.businesswire.com/news/home/20170428005232/en/
Graña y Montero S.A.A.Belén Masson, 511-213-6565, ext.
6453Investor Relations
Assistantbelen.masson@gym.com.perelacion.inversionistas@gym.com.pehttp://investorrelations.granaymontero.com.pe/
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