December 4, 2012 / 10:45 PM / 5 years ago

Mexican homebuilder Homex sees revenue down in 2013

MEXICO CITY, Dec 4 (Reuters) - Mexican homebuilder Homex anticipated on Tuesday a decline of between 23 and 24 percent in its 2013 consolidated revenue, factoring in a project to build two federal jails.

The Culiacan-based company also said that next year's cash flow should range between 700 million ($54 million) pesos and 1 billion pesos ($77 million), excluding the jail projects.

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