Empresas ICA, S.A.B. de C.V. (ICA) is an engineering, procurement and construction company. The Company is engaged in a range of construction and related activities, involving the construction of infrastructure facilities, as well as industrial, urban and housing construction. In addition, the Company is engaged in the development and marketing of real estate, the construction, maintenance and operation of airports, highways, bridges and tunnels and in the management, and operation of water supply systems and solid waste disposal systems under concessions granted by governmental authorities. The Company’s operations are divided into four segments: Construction, Infrastructure, Housing Development, and Corporate and Other. In 2008, the Company acquired 2.44% minority interest in Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. On March 12, 2008, the Company acquired Consorcio del Mayab, S.A. de. C.V., which holds the concession for the Kantunil-Cancun tollroad.
Quick Financial Synopsis
BRIEF: For the six months ended 30 June 2009, Empresas ICASA de CV's total revenues increased 50% to PS16.99B. Net income for the period increased from PS87.4M to PS399.1M. Revenues reflect increased proceeds from sales of the Company's products and services due to favorable market conditions. Net income for the period benefited from lower loss on foreign exchange difference as well as from higher other non-operating income.
Company Address
Empresas ICA S.A.B. de C.V.
Mineria No. 145 Edificio Central Mexico, D.F. 11800
P: +5255.52729991 F: +5255.52771428