Corficolombiana 1Q2018 Results Preview

stocks and shares

The change in operating income reflects an increase in the infrastructure sector's contribution to the equity method and a cash margin that recovered from $-4.847 in Q1-17 to $2.680 in Q1-18. We highlight the performance of the infrastructure sector, which registered an increase in results due to the progress in the construction of Coviandina and Covipacífico, as well as the adjustment in the value of the EPC contracts carried out in Q4-17 at Coviandina and Covioriente.See more

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