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Graña y Montero Announces Consolidated Results for 2Q2017

Tuesday, July 25, 2017 1:53 am EDT

Dateline:

LIMA, Peru

Public Company Information:

NYSE:
GRAM
PE:
GRAMONC1

LIMA, Peru--(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 second quarter (“2Q2017”) period ended June 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/. 2,847.3 MM during 2Q2017, a 1.7% increase compared to 2Q2016
  • Gross Profit amounted to S/. 359.9 MM in 2Q2017, increasing 17.4% compared to 2Q2016
  • Adjusted EBITDA was S/. 554.6 MM in 2Q2017, 46.6% higher than the result obtained in 2Q2016
  • Net Income reached S/. 148.7 MM in 2Q2017, higher by 41.7% with respect to 2Q2016
  • Backlog amounted to US$ 2,601.9 MM as of 2Q2017 and the recurrent businesses amounted to US$ 595.5 MM, reaching a total of US$ 3,197.4 MM, equivalent to 1.63x the annual revenues

For a full version of Graña y Montero’s 2Q2017 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.

Contact:

Graña y Montero S.A.A.
Belén Masson, 511-213-6565, Ext. 6453
Investor Relations Assistant
belen.masson@gym.com.pe
relacion.inversionistas@gym.com.pe
http://investorrelations.granaymontero.com.pe/

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