Bloomberg News

Consorcio Ara Says 3Q Sales to Be as Much as 1.56 Billion Pesos

October 14, 2011

Oct. 14 (Bloomberg) -- Consorcio Ara SAB’s preliminary third-quarter sales were between 1.52 billion pesos and 1.56 billion pesos, the company said today in an e-mailed statement to the nation’s stock exchange.

The margin in earnings before interest, taxes, depreciation and amortization, known as Ebitda margin, was between 15 percent and 15.2 percent in the quarter that ended September 30, the homebuilder said.

Consorcio Ara will report third-quarter earnings Oct. 21, according to the statement.

To contact the reporter on this story: Carlos Manuel Rodriguez in Mexico City at carlosmr@bloomberg.net

To contact the editor responsible for this story: Jose Enrique Arrioja at jarrioja@bloomberg.net


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