Thought the results were good, including guidance:
"2015 Outlook
ICA expects that revenues will increase by 10% to 12% percent in 2015, with an Adjusted EBITDA margin of 14% to 16%, excluding one-time gains or losses. This outlook is supported by the Company's substantial backlog of projects and international businesses.
ICA also expects to realize total gross proceeds from asset monetizations of at least Ps. 5,000 million in 2015. Most proceeds are expected to be used for debt reduction.
This outlook is based on current exchange rates and existing timetables for project execution and the pipeline of potential projects in Mexico and abroad. Numerous factors, including changes in the overall economic environment, delays in project execution, delays in receiving governmental approvals for asset sales, or inability to contract required financing, among others, could affect this outlook. ICA undertakes no obligation to revise or update this outlook based on changed conditions."
Not sure why trending day before the CC.
iCA
