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Graña y Montero Announces Consolidated Results for 3Q2017

Monday, October 30, 2017 10:56 pm EDT

Dateline:

LIMA, Peru

Public Company Information:

PE:
GRAMONC1
NYSE:
GRAM

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 third quarter (“3Q2017”) period ended September 30, 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/ 4,462.1 MM during 3Q2017, a 5.3% increase compared to 3Q2016.
  • Gross Profit amounted to S/ 525.4 MM in 3Q2017, increasing 16.7% compared to 3Q2016.
  • EBITDA was S/ 900.4 MM in 3Q2017, 53.3% higher than the result obtained in 3Q2016.
  • Net Income reached S/ 238.8 MM in 3Q2017, 72.2% higher than in 3Q2016.
  • Backlog amounted to US$ 2,572.8 MM as of 3Q2017 and the recurrent businesses amounted to US$ 609.4 MM, reaching a total of US$ 3,182.2 MM, equivalent to 1.59x the annual revenues, maintaining the amount similar to the one registered in 2Q2017.

For a full version of Graña y Montero’s 3Q2017 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.
Samantha Ratcliffe, 511-213-6573
Head of Investor Relations
samantha.ratcliffe@gym.com.pe
relacion.inversionistas@gym.com.pe
http://investorrelations.granaymontero.com.pe/

Business Wire InvestorHQ SM